Question

what is measures of money supply M1​

Answer 1

Answer:

M1 is a narrow measure of the money supply that includes physical currency, demand deposits, traveler's checks, and other checkable deposits. M1 does not include financial assets, such as savings accounts and bonds.

Answer 2

Answer:

Narrow Money (M1):

M1 is most liquid and easiest for transactions whereas M4 is least liquid of all. M3 is the most commonly used measure of money supply. It is also known as aggregate monetary resources.