Which component would NOT be included in the definition of money?

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asked Mar 21, 2021 58.8k views

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Soheil Alizadeh · Answer 1 · 2021-03-27T03:02:35+0000

Answer:

M1 is a narrow measure of the money supply that includes physical currency, demand deposits, traveler's checks, and other checkable deposits. M1 does not include financial assets, such as savings accounts and bonds

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Which component would NOT be included in the definition of money?

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