Following a contraction in the economy, the government of Geri, a South American country, decides to increase the money supply in the country. The government wants to first tally the M1 form of money supply. In this context, the government will most likely use _____ to tally the M1 form of money supply.
A) bonds and certificates of deposit
B) money market accounts
C) savings accounts
D) metal coins and paper bills

Question

Quizplus · Accepted Answer

M1 money supply includes the most liquid forms of money, such as physical currency (metal coins and paper bills) and demand deposits (checking accounts).

Following a Contraction in the Economy, the Government of Geri