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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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    Which of the Following Counts as Part of M1
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Which of the Following Counts as Part of M1

Question 245

Question 245

Multiple Choice

Which of the following counts as part of M1?


A) $5,000 worth of gold
B) $5,000 worth of government bonds
C) $5,000 in a checking account
D) $5,000 credit line on a credit card
E) $5,000 of real estate

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