The narrowest definition of money supply is:

Question

Quizplus · Accepted Answer

M1 is defined as the narrowest definition of money supply as it includes only the most liquid forms of money such as currency in circulation, demand deposits, and traveler's checks. M2 includes M1 along with other forms of highly liquid assets such as savings deposits and money market funds, while M3 and M4 include broader measures of money supply that include less liquid assets like time deposits and retail money market funds.

The Narrowest Definition of Money Supply Is