Which of the Following Is Not Part of M1

question 73

Multiple Choice

Which of the following is not part of M1?

• A)Transaction accounts
• B)Checking accounts
• C)Time deposits
• D)Traveler's checks

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Definitions:

Rational Purchaser

An economic concept describing a consumer who makes buying decisions based on thorough analysis to maximize utility.

Creditworthiness

An assessment of a borrower's ability to repay debts based on their financial history and current financial status.

Payment History

A record of an individual's or entity's past payments on debts, often used by creditors to evaluate creditworthiness.

Financial Statements

Records that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.