Question Details

	Username: PrettyWoman Rating: Asked to: Talitha Taslim Date Created: 18 May 2016
Category	46
Tag	Forex
Question	What is 'M1'?

Advice from Guru

Hello PrettyWoman,

M1 is a measure of the money supply that includes all physical money, such as coins and currency, as well as demand deposits, checking accounts and Negotiable Order of Withdrawal (NOW) accounts. M1 measures the most liquid components of the money supply, as it contains cash and assets that can quickly be converted to currency. It does not contain "near money" or "near, near money" as M2 and M3 do.

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