Use the following to answer questions:
Table: Components of the Money System
-(Table: Components of the Money Supply) Look at the table Money Supply. The money supply measured by M1 is:

Question

Use the following to answer questions:
Table: Components of the Money System 
-(Table: Components of the Money Supply) Look at the table Money Supply. The money supply measured by M1 is:

Quizplus · Accepted Answer

M1 includes currency in circulation, traveler's checks, and checkable deposits. Adding these components from the table gives $450 billion.

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