Can you explain the difference between M0 and M1?

can you explain the difference between M0 and M1?’

(also is there any way to open the chat)

Mo is something for your reference. Some people call it the monetary base while some people call it the money in circulation.

M1 is very important to know and tested. It includes cash and check-able/demand deposit accounts. Remember cash & checking accounts.

Sorry the chat is off for now.

but what is inside M0

There are different definitions. Some define it as only the banknotes and actual coins in circulation that’s it.

Fiveable Logo

2550 north lake drive
suite 2
milwaukee, wi 53211



about for students for parents for teachers for schools & districts content team privacy contact


🥇 2020 Fiveable Olympics study plans upcoming events trivia hypertyper resources cram passes


community tiktok discord twitter instagram facebook careers

*ap® and advanced placement® are registered trademarks of the college board, which was not involved in the production of, and does not endorse, this product.

© fiveable 2020 | all rights reserved.