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    Modern Principles Macroeconomics
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    Exam 15: The Federal Reserve System
  5. Question
    M1 Is Equal to Currency Plus
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M1 Is Equal to Currency Plus

Question 232

Question 232

Multiple Choice

M1 is equal to currency plus:


A) checkable deposits.
B) total reserves held at the Federal Reserve.
C) savings deposits.
D) small-time deposits.

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