Which of the following definitions of the money supply includes only the most liquid forms of money? A)M₁ B)M₂ C)Savings deposits D)Money market mutual deposits

Name: Which of the following definitions of the money supply includes only the most liquid forms of money? A)M 1 B)M 2 C)Savings deposits D)Money market mutual deposits
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M₁ (A) represents a very liquid form of money, typically including physical currency and demand deposits, which can be easily and immediately accessed for transactions.

Which of the Following Definitions of the Money Supply Includes