bank deposits held at the fed =$300. Checkable bank deposits =$1000. Currency held by public =$200. Vault cash = $100. The monetary base is _than M1

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Chapter12: Money, Banking And The Financial System
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bank deposits held at the fed =$300. Checkable bank deposits =$1000. Currency held by public =$200. Vault cash =$100. The monetary
base is ______than M1
Transcribed Image Text:bank deposits held at the fed =$300. Checkable bank deposits =$1000. Currency held by public =$200. Vault cash =$100. The monetary base is ______than M1
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