Which of the following would not be counted as part of M1?

Question

Quizplus · Accepted Answer

Money market accounts are not included in M1, which is a measure of the money supply that includes only the most liquid forms of money, such as currency in circulation, demand deposits, and traveler's checks. Money market accounts are a type of deposit account that usually offers higher interest rates than traditional savings accounts, but require a larger minimum balance and have restrictions on the number of transactions one can make per month. Therefore, they are not considered as easy to use or readily available as the other components of M1.

Which of the Following Would Not Be Counted as Part