M1 money supply consists of currency, travelers' checks, demand deposits, and other checkable deposits.

Name: M1 money supply consists of currency, travelers' checks, demand deposits, and other checkable deposits.
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M1 money supply is defined as the total amount of currency in circulation, travelers' checks, demand deposits (checking accounts), and other checkable deposits such as negotiable order of withdrawal (NOW) accounts and automatic transfer service (ATS) accounts.

M1 Money Supply Consists of Currency, Travelers' Checks, Demand Deposits