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Which of the following is not part of​ M1? A. Time deposits. B. Transaction accounts C. ​Traveler's checks. D. Checking accounts.
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Which of the following is not part of​ M1? A. Time deposits. B. Transaction accounts C. ​Traveler's checks. D. Checking accounts.

User Siqi Lin
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1 Answer

2 votes

Answer:

A

Step-by-step explanation:

M1 is a measure of money supply. it is the most liquid component of money supply. It includes currency, coins, travellers check and checking accounts

Time deposit is a part of M3

User Meital
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