Multiple Choice
Which of the following is included as part of the M1 money supply?
A) $200,000 balance in the checking account of Main Street Trading Corp.
B) $200,000 in reserves held by Main Street Commercial Bank in its vaults
C) $2 million balance in the checking account of the U.S. Treasury
D) $200 million in the vaults of the Federal Reserve Banks
Correct Answer:

Verified
Correct Answer:
Verified
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