WHICH OF THE FOLLOWING IS INCLUDED IN THE M1 MEASURE OF MONEY BUT...

128) Which of the following is included in the M1 measure of money but is not included in the M2

measure of money?

(a) Currency

(b) Checkable deposits

(c) Traveler’s checks

(d) All of the above

(e) None of the above

Answer: E

Question Status: Previous Edition