Multiple Choice
Consider the following money supplies: currency and coins held by the nonbanking public; and traveller's cheques, personal and nonpersonal chequable deposits and savings deposits, and personal time deposits held at chartered banks.Which money aggregate do these supplies belong to?
A) M1
B) M1+
C) M2
D) M2+
Correct Answer:
Verified
Correct Answer:
Verified
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