What is true of the M1 category of money?

A. it is not usually in circulation

B. it cannot be quickly exchanged

C. it can be easily liquidated

D. it is in investment accounts

All the options given are not the characteristics of Ml category of money except opiton C. MI money is a measure of the money supply of a nation. It include physical money, checking accounts, demand deposits and negotiable order of withdrawal accounts. MI money are usually in circulation, they can be quickly exchanged and they can be easily liquidated, that is, turn to raw cash.