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    Principles of Macroeconomics
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    Exam 9: The Nature and Creation of Money
  5. Question
    Which of the Following Is Part of M1
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Which of the Following Is Part of M1

Question 58

Question 58

Multiple Choice

Which of the following is part of M1?
I. currency in a bank's vault
II. cash in your wallet
III. checkable deposits
IV. traveler's checks


A) I, II, III, and IV
B) I, II, and III
C) II and III
D) II, III, and IV

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