Consider the Following Money Supplies: Currency and Coins Held by the Nonbanking

Multiple Choice

Consider the following money supplies: currency and coins held by the nonbanking public; and traveller's cheques and chequable deposits held at chartered banks, trust and mortgage loan companies, credit unions, and caisses populaires.Which money aggregate do these supplies belong to?  

A)  M3 
B)  M2 
C)  M1+ 
D)  M1