Multiple Choice
What is the composition of the M1+ money supply?
A) coins and currency held by the nonbanking public
B) coins and currency held by the nonbanking public and currency held in banks
C) coins and currency held by the nonbanking public, chequable deposits, and traveller's cheques
D) coins and currency held in banks and chequable deposits
Correct Answer:
Verified
Correct Answer:
Verified
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