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Catch the M1 money

Exercise and reference answers

Items
  1. Matches the category
    Yes
    Item
    Cash
  2. Matches the category
    Yes
    Item
    Coins
  3. Matches the category
    Yes
    Item
    Checking
  4. Matches the category
    Yes
    Item
    Traveler checks
  5. Matches the category
    No
    Item
    Savings
  6. Matches the category
    No
    Item
    CDs
  7. Matches the category
    No
    Item
    Money market
  8. Matches the category
    No
    Item
    Time deposit
Category
M1 money
Instructions
Catch the items counted in M1. Let the M2-only items fall.

Explanation

_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 13, Money and Banking (CC BY 4.0)._
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