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    Exam 17: Money and the Banking System
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    Which of the Following Would Not Be Included in the M<sub>1
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Which of the Following Would Not Be Included in the M1

Question 19

Question 19

Multiple Choice

Which of the following would not be included in the M1 definition of money?


A) Coins
B) Paper currency
C) Small-denomination CDs
D) Travelers checks
E) Demand deposits

Correct Answer:

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