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    Financial Markets and Institutions Study Set 7
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    Exam 4: Functions of the Fed
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    The Form of Money Consisting of Currency Held by the Public
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The Form of Money Consisting of Currency Held by the Public

Question 10

Question 10

Multiple Choice

The form of money consisting of currency held by the public and checking deposits at depository institutions is called


A) M1.
B) M2.
C) M3.
D) MMDA.

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