Question

In the United States, the money supply (M1) includes Group of answer choices coins, paper currency, checkable deposits, and credit balances with brokers. currency, checkable deposits, and Series E bonds. paper currency, coins, gold certificates, and time deposits. coins, paper currency, and checkable deposits.

Answer 1

Answer:

Coins, paper currency, and checkable deposits.

Explanation:

Coins, paper currency, and checkable deposits.

The M1 money includes coins, paper money, travellers' checks and checkable deposits. While the savings, money market funds, certificates of deposits, and any other time deposits are not a part of M1 money these are included in the M2 money supply.