Which of the Following Is Part of M1

question 217

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. savings deposits

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

---

Definitions:

Terminology

The set of specialized words or expressions used in a particular field or profession.

Applicant Tracking System

A software application that enables the electronic handling of recruitment needs, streamlining the hiring process by sorting through applicants.

Volunteer Work

Unpaid labor performed willingly by individuals or groups for the benefit of a community or a cause.

Unemployment

The state of being without a job, despite being willing and able to work.