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Yes! There are different money aggregates - - called M 1 and M 2 . Let ' s start with M 1 . M 1

Yes! There are different
money aggregates
-
-
called M
1
and M
2
.
Let's
start with M
1
.
M
1
includes cash,
traveler's checks
(
we
don't have any of those
)
,
and checking balances.
How much does that
mean our M
1
money
supply is
?
Enter a response then click Submit below
$You mention cash, checking,
and savings
-
-
are there
different categories of money?
Jun
Yes! There are different money
aggregates
-
-
called M
1
and
M
2
.
Let's start with M
1
.
M
1
includes cash, traveler's
checks
(
we don't have any of
those
)
,
and checking balances.
How much does that mean our
M
1
money supply is
?
Enter a response then click Submit below
$
30,000
100,000
40,000
20,000
30,000

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