Which one of the following is not included in the M1 money stock?
A) Deposits with maturity up to two years.
B) Overnight deposits.
C) Currency in circulation.
D) None of the above - they are all included in M1.

Question

Quizplus · Accepted Answer

M1 money stock includes currency in circulation, overnight deposits, and other liquid assets such as demand deposits. Deposits with a maturity up to two years are considered part of M2 or M3, but not M1.

Which One of the Following Is Not Included in the M1