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________ Is Defined as M₁ Plus All Dollars Held in Time

Question 6

Multiple Choice

________ is defined as M₁ plus all dollars held in time and savings accounts at banks and thrift institutions, plus all dollars invested in retail money market mutual funds, plus some additional accounts such as overnight repurchase agreements.


A) M₀
B) M₂
C) M₃
D) L

Correct Answer:

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