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    Economics Today Study Set 1
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    Exam 15: Money, Banking, and Central Banking
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    Small-Denomination Time Deposits Are
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Small-Denomination Time Deposits Are

Question 68

Question 68

Multiple Choice

Small-denomination time deposits are


A) considered part of near money.
B) included in the definition of both M1 and M2.
C) included in the definition of M1, but not in M2.
D) the same as transaction deposits.

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