M-1 Definition of money supply
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All of the following are included in the M-1 definition of the money supply except:
b. checking account deposits
c. traveler checks
d. savings account deposits
Money Supply definition 1 (M1): M1 is a measure of total money supply. M1 comprises the traditional ...
The M-1 definition of the money supply is analyzed. What is included in the definition is discussed.