About what percentage of M1 is currency?
A)50 percent
B)10 percent
C)75 percent
D)100 percent
E)30 percent

Name: About what percentage of M1 is currency? A)50 percent B)10 percent C)75 percent D)100 percent E)30 percent
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Question

Quizplus · Accepted Answer

M1 includes currency in circulation (notes and coins) as well as demand deposits and other liquid deposits. Currency typically makes up about 50 percent of M1, with the rest being composed of various types of deposits.

About What Percentage of M1 Is Currency