Yes! There are different

money aggregates

$-$

$-$

called M

$1$

$$and M

$2$

$.$

$$Let$\text{'}$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$\text{'}$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

$

$30,000$

$100,000$

$40,000$

$20,000$

$30,000$