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    Macroeconomics Study Set 47
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    Exam 24: Monetary Policy: a Summing up
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    Which of the Following Is Not Part of M1 and Part
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Which of the Following Is Not Part of M1 and Part

Question 46

Question 46

Multiple Choice

Which of the following is not part of M1 and part of M3?


A) Travellers cheques.
B) Term deposits.
C) Currency.
D) High- powered money.
E) Current account deposits.

Correct Answer:

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