Multiple Choice
If M1 is $1,200 billion,currency held outside banks is $400 billion,and traveler's checks is $10 billion,then small-denomination time deposits equal
A) $790 billion.
B) $390 billion.
C) $800 billion.
D) $1,190 billion.
E) There is not information to answer the question.
Correct Answer:

Verified
Correct Answer:
Verified
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