Multiple Choice
Under what definition of the money supply are demand deposits at VanCity Credit Union included?
A) They are included in the M1 definition of the money supply.
B) They are included in the M2 definition of the money supply.
C) They are included in the M2+ definition of the money supply.
D) They are included in the M3 definition of the money supply.
Correct Answer:
Verified
Correct Answer:
Verified
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