What is M1 money?

The Money Market and the FED Please watch this Daily Video #1, Topic 4.5 The Money Market to help you answer the following questions. 1. What is M1 money? 2. Why is the Money Supply (MS) 'curve' a vertical line? Money Market and the Real World; 3. In recent months, demand for money has what? 4. How does the Federal Open Market Committee adjust the money supply?Please watch this Daily Video #2, Topic 4.5 The Money Market to help you answer the following questions. 1. Explain the 3 factors that shift the demand for money. 2. Who can increase or decrease the money supply? 3. What happens to the nominal interest rate when the money supply is increased? 4. Why would increasing the money supply be an appropriate response to the coronavirus pandemic?As a precursor to the next lesson, please watch this CrashCourse Economics video about Monetary Policy. 1. Please jot down any questions you have as we head into our discussion about Monetary Policy next class