Currency is a part of which measure of money?
A) M0 only
B) M1 only
C) M2 only
D) M0, M1, and M2

Question

Quizplus · Accepted Answer

Currency is included in all measures of money supply: M0 (which represents physical currency and coin), M1 (which includes all of M0 plus demand deposits, traveler's checks, and other checkable deposits), and M2 (which encompasses all of M1 plus savings deposits, money market securities, and other near money).

Currency Is a Part of Which Measure of Money