Which of the following is not part of M1? A. Time deposits. B. Transaction accounts C. Traveler's checks. D. Checking accounts.

Question

asked Oct 12, 2021 61.0k views

1 Answer

Meital · Answer 1 · 2021-10-17T14:36:34+0000

Answer:

A

Step-by-step explanation:

M1 is a measure of money supply. it is the most liquid component of money supply. It includes currency, coins, travellers check and checking accounts

Time deposit is a part of M3