Which of the following is the most liquid money? A. M1 B. M2 C. Securities D. M3 E. Call Money

Which of the following is the most liquid money? A. M1 B. M2 C. Securities D. M3 E. Call Money
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A. M1 Explanation: The most liquid portions of the money supply are measured by M1 because it contains currency and assets that can be converted to cash quickly. ―Near money‖ and ―near, near money,‖ which fall under M2 and M3, cannot be converted to currency as quickly.
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