Money that can be accessed quickly and easily, such as that in a checking account, is called
A) on-demand money.
B) time deposits.
C) M1.
D) M2.
E) short-term assets.

Name: Money that can be accessed quickly and easily, such as that in a checking account, is called A) on-demand money. B) time deposits. C) M1. D) M2. E) short-term assets.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

M1 includes money that is readily accessible for transactions, such as the money in checking accounts, along with physical currency and other liquid assets.

Money That Can Be Accessed Quickly and Easily, Such as That