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    Principles of Macroeconomics Study Set 8
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    Exam 16: The Monetary System: The Meaning of Money
  5. Question
    M1 Equals Currency Plus Demand Deposits Plus
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M1 Equals Currency Plus Demand Deposits Plus

Question 25

Question 25

Multiple Choice

M1 equals currency plus demand deposits plus


A) nothing else.
B) other checkable deposits.
C) traveler's checks plus other checkable deposits.
D) traveler's checks plus other checkable deposits plus savings deposits.

Correct Answer:

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