M1 is:
A) a more useful measure of the relationship between the money supply and inflation because it includes the most liquid assets.
B) the money supply the Federal Reserve pays the most attention to in conducting monetary policy.
C) less useful than M2 for understanding inflation.
D) the fastest growing of all of the money aggregates.

Question

Quizplus · Accepted Answer

The Answer of M1 is:
A) a more useful measure of the relationship between the money supply and inflation because it includes the most liquid assets.
B) the money supply the Federal Reserve pays the most attention to in conducting monetary policy.
C) less useful than M2 for understanding inflation.
D) the fastest growing of all of the money aggregates.

M1 Is