The money supply that consists of currency, transaction deposits, and traveler's checks is

Name: The money supply that consists of currency, transaction deposits, and traveler's checks is
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M1 includes currency (physical cash), demand deposits (or transaction deposits - money held in checking accounts), and traveler's checks. It is considered a narrow measure of the money supply because it only includes the most liquid forms of money.

The Money Supply That Consists of Currency, Transaction Deposits, and Traveler's