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    Macroeconomics Principles Applications
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    Exam 13: Money and the Banking System
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    About 46 Percent of M1 Is Composed of
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About 46 Percent of M1 Is Composed of

Question 166

Question 166

Multiple Choice

About 46 percent of M1 is composed of


A) demand deposits.
B) savings deposits.
C) money market mutual funds.
D) currency held by the public.

Correct Answer:

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