Question M1 money is composed of.. A. currency,demand deposits, traveller's checks, other checkable accounts B. currency, demand deposits, savings deposits, money market mutual funds, and small-time deposits C. currrency, government bonds, gold certificates, and coins D. currrency, NOW accounts, savings accounts, and government bonds

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Monetary System
Section: Chapter Questions
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M1 money is composed of..
A. currency,demand deposits, traveller's checks, other checkable accounts
B. currency, demand deposits, savings deposits, money market mutual funds, and small-time
deposits
C. currrency, government bonds, gold certificates, and coins
D. currrency, NOW accounts, savings accounts, and government bonds
20°C A 4
Type here to search
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pause
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f1
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f5
Transcribed Image Text:Question M1 money is composed of.. A. currency,demand deposits, traveller's checks, other checkable accounts B. currency, demand deposits, savings deposits, money market mutual funds, and small-time deposits C. currrency, government bonds, gold certificates, and coins D. currrency, NOW accounts, savings accounts, and government bonds 20°C A 4 Type here to search f11 f12 pause f7 f8 f9 f10 f6 E3 f1 f2 f3 f4 f5
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