Which of the Following Is NOT Included in the M1

question 298

Multiple Choice

Which of the following is NOT included in the M1 measure of money?

• A) savings deposits
• B) currency
• C) travelerʹs checks
• D) checking deposits

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Definitions:

Income Earners

are individuals or entities that receive income through work, investments, or other sources.

Total Income

The sum of all earnings generated by an individual or entity, including wages, salaries, business revenues, and investment returns.

Income Earners

Individuals or entities that receive compensation for providing goods or services, or through investments.

Annual Family Income

The total amount of money earned by members of a family in one year, including wages, salaries, benefits, and other income sources.