Which of the following is not true about M1 (The most liquid component of the money supply)? It includes the most liquid forms of money It is the narrowest definition of the money supply Savings accounts makes up approximately one-third of it Currency in circulation makes up approximately half of it.

Which of the following is not true about M1 (The most liquid component of the money supply)? It includes the most liquid forms of money It is the narrowest definition of the money supply Savings accounts makes up approximately one-third of it Currency in circulation makes up approximately half of it.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter13: Money And The Financial System

Section: Chapter Questions

Problem 1.4P

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