Financial assets are not a component included in the m-1 or m-2 definitions of the money supply.
Of all the components related to the money supply, the definition of M1 is will be the most narrowly or small.
M1 does not consider the financial assets for example the bond agreement. . M1 money is the money that supplies the most metric frequently used by economists to the reference for that how much money is in a country.
Therefore, Financial assets are not a component included in the m-1 or m-2 definitions of the money supply.
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