Which of the following is not true about m1 the most liquid, Ask an Expert

Economics

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.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91236109

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