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    Essential Foundations of Economics Study Set 1
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    Exam 18: Money and the Monetary System
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    M2 Consists of
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M2 Consists of

Question 140

Question 140

Multiple Choice

M2 consists of


A) M1 plus traveler's checks.
B) M1 plus saving deposits,small time deposits,and money market funds.
C) M1 plus checkable deposits.
D) M1 plus currency at the banks.
E) M1 plus Federal Reserve notes.

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