Multiple Choice
Which of the following items is included in the M1 money supply?
A) $10 bills in the Bank of America
B) a $5,000 student loan granted to a U.S.citizen
C) coins in a Pepsi vending machine,waiting to be used as change
D) a $5,000 line of credit on a newly graduated student's credit card
E) $1,500 in a student's saving account
Correct Answer:
Verified
Correct Answer:
Verified
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