Question

question 37
______ is the narrowest monetary aggregate that the fed reports.
○ m1
○ m2
○ m3
○ m0

Explanation:

Monetary aggregates are classifications of money supply. M1 includes the most liquid forms of money (currency, demand deposits, etc.). M2 includes M1 plus less liquid assets, M3 includes M2 plus more illiquid assets, and M0 is often a measure of base money but the Fed's narrowest reported aggregate is M1.

Answer:

A. M1