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    Principles of Economics Study Set 6
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    Exam 24: The Nature and Creation of Money
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    Which of the Following Is Part of M1
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Which of the Following Is Part of M1

Question 12

Question 12

Multiple Choice

Which of the following is part of M1?
I.currency in a bank's vault
II.cash in your purse
III.checkable deposits
IV.savings deposits


A) I, II, III, and IV
B) I, II, and III
C) II and III
D) II, III, and IV

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