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    Macroeconomics Study Set 41
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    Exam 8: Money, the Price Level, and Inflation
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    Currency Held Outside the Banking System Is Included
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Currency Held Outside the Banking System Is Included

Question 519

Question 519

Multiple Choice

Currency held outside the banking system is included


A) in both M1 and M2.
B) in neither M1 nor M2.
C) in M2 but not M1.
D) in M1 but not M2.

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