All of the following are included in M1 EXCEPT
A) coin and currency.
B) money market mutual fund shares.
C) traveler's checks.
D) checking account balances.

Name: All of the following are included in M1 EXCEPT A) coin and currency. B) money market mutual fund shares. C) traveler's checks. D) checking account balances.
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Question

Quizplus · Accepted Answer

Money market mutual fund shares are not included in M1, while the other options listed (coin and currency, traveler's checks, and checking account balances) are all included in M1.

All of the Following Are Included in M1 EXCEPT