The most basic measure of money in the U.S. is:

Name: The most basic measure of money in the U.S. is:
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M1 is the most basic measure of money in the U.S. It includes currency (both paper and coin) in circulation outside of banks, traveler's checks, demand deposits, and other checkable deposits at banks and credit unions. It does not include savings accounts or time deposits, which are part of M2 and M3, respectively. M4 is not a recognized measure of money in the U.S.

The Most Basic Measure of Money in the U