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    Exam 8: Money, the Price Level, and Inflation
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    Currency Held Outside the Banking System Is Included
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Currency Held Outside the Banking System Is Included

Question 27

Question 27

Multiple Choice

Currency held outside the banking system is included


A) in M1 but not M2.
B) in M2 but not M1.
C) in both M1 and M2.
D) in neither M1 nor M2.

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