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Glossary > M > "M1" Definition

M1

The category of the money supply that includes all physical money like coins and currency. It also includes demand deposits, which are checking accounts and NOW accounts.

In the US, the amount of notes and coins in circulation plus demand deposits (checking accounts from which money can be withdrawn on demand). Also referred to as narrow money.

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M1 - The category of the money supply that includes all physical money like coins and currency. It also includes demand deposits, which are checking accounts and NOW accounts.

In the US, the amount of notes and coins in circulation plus demand deposits (checking accounts from which money can be withdrawn on demand). Also referred to as narrow money.

M1 : the category of the money supply that includes all physical money like coins and currency. it also includes demand deposits, which are checking accounts and now accounts.

in the us, the amount of notes and coins in circulation plus demand deposits (checking accounts from which money can be withdrawn on demand). also referred to as narrow money.