Which items from the list is considered M1? Checking Accounts Coins Money market Account Paper Money (bills) Saving Accounts Time deposits Travelers cheques

Definition Definition Financial market that deals in securities or assets that are short-term in nature. The money market is responsible for keeping up the liquidity of the businesses and the organizations. These securities are usually held for a period of 12 months or less and are issued by institutions that require cash or funds for their short-term cash flow requirements. The money market is regulated by the federal government.