M1 includes
A)currency.
B)demand deposits.
C)traveler's checks.
D)All of the above are correct.

Name: M1 includes A)currency. B)demand deposits. C)traveler's checks. D)All of the above are correct.
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Question

Quizplus · Accepted Answer

M1 includes all forms of money that are easily accessible and can be used for transactions, including currency, demand deposits (checking accounts), and traveler's checks. Therefore, all of the choices are correct.

M1 Includes