What is an important characteristic of the M1 money supply? . . A. liquidity . . . . C. flexibility . . D. solidity .

2 answers:

6 0

An important characteristic of the M1 money supply would be liquidity. The correct answer between all the choices given is the first choice or letter A. I am hoping that this answer has satisfied your query about and it will be able to help you, and if you’d like, feel free to ask another question.

podryga [215]3 years ago

3 0

Answer:

Letter A. Liquidity.

Explanation:

The money supply, M1, is the public money may and the demand deposits made at commercial banks. The important feature of the means of payment is that they have maximum liquidity, that is, they can quickly turn into purchasing power, that is, they can quickly turn into value and therefore can be exchanged for goods quickly. For example, a car has low liquidity, since its currency conversion, ie in value to be exchanged is more time consuming.

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