M1 is a
A) stock variable.
B) flow variable.
C) near money.
D) commodity money.

Question

Quizplus · Accepted Answer

M1 is a type of money supply measurement that includes only the most liquid and easily accessible forms of money, such as physical currency and demand deposits. As it is a measurement of the amount of money in the economy at a specific point in time, it is a stock variable, rather than a flow variable. It is not near money or commodity money.

M1 Is a