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    ECON Macro Principles
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    Exam 14: Banking and the Money Supply
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    What Is the Largest Component of M1
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What Is the Largest Component of M1

Question 47

Question 47

Multiple Choice

What is the largest component of M1+?  


A)  currency 
B)  chequable deposits 
C)  traveller's cheques 
D)  money market mutual fund accounts

Correct Answer:

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