Interest-earning savings accounts and treasury bills

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What determines whether a financial asset is included in the M1 money supply?

Why are interest-earning checkable deposits included in M1, whereas interest-earning savings accounts and Treasury bills are not?

Reference no: EM13765731

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Interest-earning savings accounts and treasury bills : What determines whether a financial asset is included in the M1 money supply - Why are interest-earning checkable deposits included in M1, whereas interest-earning savings accounts and Treasury bills are not?
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