M1 Definition

M1

Definition

One measure of the money supply that includes all coins, currency held by the public, traveler's checks, checking account balances, NOW accounts, automatic transfer service accounts, and balances in credit unions.

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Related Terms

M2 - More

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broad money - More

narrow money

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monetary aggregates

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M1 is ...

... part of the Forex and Economy subjects.

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Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice

M1