About 46 percent of M1 is composed of
A) demand deposits.
B) savings deposits.
C) money market mutual funds.
D) currency held by the public.

Name: About 46 percent of M1 is composed of A) demand deposits. B) savings deposits. C) money market mutual funds. D) currency held by the public.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Currency held by the public is the largest component of M1, accounting for about 46 percent of the total.

About 46 Percent of M1 Is Composed of