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    Exam 13: Money and the Banking System
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    Which of the Following Is Not a Component of the M1
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Which of the Following Is Not a Component of the M1

Question 20

Question 20

Multiple Choice

Which of the following is not a component of the M1 money supply?


A) demand deposits
B) large-denomination (more than $100) bills
C) interest-earning checking deposits
D) outstanding balances on credit cards

Correct Answer:

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