Which of the Following Is Not a Component of the M1

question 57

Multiple Choice

Which of the following is not a component of the M1 definition of the money supply?

• A) travelers' checks
• B) savings and small time deposits at depository institutions
• C) currency held by the non-bank public
• D) demand deposits at depository institutions

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Definitions:

Shared Transportation

Transportation services shared by individuals, typically to reduce costs and environmental impacts, such as carpools or public transit.

Team Sports

Sports that involve players working together towards a common objective, emphasizing teamwork, cooperation, and strategy.

Contradiction

A situation or statement in which two or more things are opposed or inconsistent with each other.

Citizenship Through Sports Alliance

A program or organization that aims to use sports as a means to teach and promote citizenship, teamwork, and social integration.