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Use the Information Below to Answer the Following Question

Question 129

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Use the information below to answer the following question.
Fact 8.1.1
The information describes a banking system.All banks are holding their desired reserves.
Use the information below to answer the following question. Fact 8.1.1 The information describes a banking system.All banks are holding their desired reserves. -Refer to Fact 8.1.1.The quantity of money as measured by M1 is equal to A) $1,500. B) $6,500. C) $6,000. D) $2,500. E) $7,000.
-Refer to Fact 8.1.1.The quantity of money as measured by M1 is equal to


A) $1,500.
B) $6,500.
C) $6,000.
D) $2,500.
E) $7,000.

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