Money as defined by M1 includes
A)coins.
B)paper money.
C)checking deposits.
D)travelers' checks.
E)All of the above are correct.

Name: Money as defined by M1 includes A)coins. B)paper money. C)checking deposits. D)travelers' checks. E)All of the above are correct.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

M1 includes all forms of currency that can be easily used in transactions, such as coins, paper money, checking deposits, and travelers' checks. Therefore, all of the choices are correct.

Money as Defined by M1 Includes