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    Exam 2: Economics: the Framework of Business
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    M1 and M2 Are Commonly Used Definitions for Money Supply
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M1 and M2 Are Commonly Used Definitions for Money Supply

Question 117

Question 117

True/False

M1 and M2 are commonly used definitions for money supply. If you use the debit card connected to your checking account to make purchases, it would be referred to as M1.

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