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    Macroeconomics Study Set 41
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    Exam 8: Money, the Price Level, and Inflation
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    Which of the Following Is NOT Included in the M1
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Which of the Following Is NOT Included in the M1

Question 505

Question 505

Multiple Choice

Which of the following is NOT included in the M1 measure of money?


A) checking deposits at commercial banks
B) currency held outside banks
C) currency held in bank vaults
D) checking deposits at credit unions

Correct Answer:

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