Which of the following is NOT part of the M-1 supply?

Name: Which of the following is NOT part of the M-1 supply?
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Question

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Time deposits are not part of the M-1 money supply. M-1 supply includes only the most liquid portions of the money supply such as currency, demand deposits (checking accounts), and other checkable deposits (such as negotiable order of withdrawal accounts and automatic transfer service accounts). Time deposits (such as CDs or savings accounts) are less liquid and not included in M-1 supply.

Which of the Following Is NOT Part of the M-1