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    Economics Principles and Policy Study Set 2
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    Exam 28: Money and the Banking System
  5. Question
    M<sub>1</sub> Consists of Currency, Demand Deposits, Traveler's Checks, and Other
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M1 Consists of Currency, Demand Deposits, Traveler's Checks, and Other

Question 175

Question 175

True/False

M1 consists of currency, demand deposits, traveler's checks, and other checkable deposits.

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