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    Principles of Macroeconomics Study Set 8
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    Exam 16: The Monetary System: The Meaning of Money
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    Demand Deposits Are Included in
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Demand Deposits Are Included in

Question 57

Question 57

Multiple Choice

Demand deposits are included in


A) M1 but not M2.
B) M2 but not M1.
C) M1 and M2.
D) neither M1 nor M2.

Correct Answer:

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