Which of the following is considered part of the M-1 money supply?
A) Stocks in a major auto company
B) Bonds
C) Certificates of deposit
D) Term deposits
E) None of these is part of the M-1 money supply.

Question

Quizplus · Accepted Answer

The M-1 money supply includes currency in circulation (i.e. physical paper bills and coins) and demand deposits, which are funds held in checking accounts that can be easily accessed for transactions. Stocks, bonds, certificates of deposit, and term deposits are not part of the M-1 money supply.

Which of the Following Is Considered Part of the M-1