sing the M1 definition of Money, M1 = _____________ Category Amount Currency and coin held by the public $1,000 Checking account balances $2,000 Traveler’s checks $50 Savings Account balances $4,000 Small denomination time deposits (CD) $3,000 Money market deposit accounts in banks (MMDA) $1,500 Money Market Mutual Fund Shares  (MMMF) $2,500 Bitcoins $1,000 Select one: a. 7050 b. 2050 c. 3050 d. 1050

Using the M1 definition of Money, M1 = _____________

Category

Amount

Currency and coin held by the public

$1,000

Checking account balances

$2,000

Traveler’s checks

$50

Savings Account balances

$4,000

Small denomination time deposits (CD)

$3,000

Money market deposit accounts in banks (MMDA)

$1,500

Money Market Mutual Fund Shares  (MMMF)

$2,500

Bitcoins

$1,000

Select one:
a. 7050
b. 2050
c. 3050
d. 1050
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