Currency and Coins Held by Banks Are Part of the M1

question 53

True/False

Currency and coins held by banks are part of the M1 definition of money supply.

---

Definitions:

Positive Emotions

Feelings that are constructive, uplifting, and beneficial to well-being, such as happiness, love, contentment, and enthusiasm.

Enthusiasm

Intense and eager enjoyment, interest, or approval.

Laughter

A vocal expression of amusement, joy, or happiness, often involving audible bursts of sound.

Negative Emotions

Feelings that are generally considered undesirable, such as sadness, anger, fear, or jealousy, often resulting from adverse situations.