M1 Meaning & Definition

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Definition of M1

M1 The most liquid measure of money supply, which includes all currency and demand and NOW deposit (Checking accounts).

Applying "M1" to Securities Exams:

M1 is the largest and most liquid measure of the nation’s money supply and it includes:

Cash
Demand deposits (Checking accounts)

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Definition of M1

Applying "M1" to Securities Exams:

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