I'm wondering about the highest liquidity of money, specifically which form or type of money has the greatest ease of conversion into other assets or for use in transactions.
6 answers
StormGalaxy
Fri Oct 25 2024
These assets are easily exchangeable for goods and services.
Dario
Fri Oct 25 2024
M1 includes coin and currency in circulation.
TaegeukChampionship
Fri Oct 25 2024
Traveler's checks are also part of M1.
CryptoGuru
Fri Oct 25 2024
Demand deposits, which are funds that can be withdrawn on demand, are included in M1.
Elena
Fri Oct 25 2024
M1 is a measure of money supply that represents the most highly liquid assets.