Which of the following is NOT part of the M-1 supply?
A) Currency at hand
B) Currency amount of written checks
C) Currency available through a debit card
D) Currency in checking accounts
E) Currency value of time deposits

Question

Quizplus · Accepted Answer

The M-1 supply includes currency at hand, currency in checking accounts, currency amount of written checks, and currency available through a debit card. However, time deposits are not part of the M-1 supply as they are not readily available for use as a medium of exchange.

Which of the Following Is NOT Part of the M-1