Which One of the Following Is NOT a Part of the M1

question 363

Multiple Choice

Which one of the following is NOT a part of the M1 definition of money?

• A) Paper currency (i.e., Federal Reserve notes)
• B) Coins
• C) Savings accounts
• D) Checkable and debitable accounts

---

Definitions:

Manufacturing Data

Information and statistics related to the production processes, including metrics on efficiency, quality, cost, and output.

Cost of Goods Sold

Costs directly linked to the production of goods a company sells, such as materials and labor.

Direct Materials Purchases

The total cost of raw materials bought that are intended to be used in the manufacture of products.

Factory Overhead

All indirect costs incurred during the manufacturing process, excluding direct labor and direct materials.