The M1 money supply is composed of all coins and paper money held by the general public and the banks bank deposits of households and business firms bank deposits and mutual funds checkable deposits and currency in circulation
The M1 money supply is composed of all coins and paper money held by the general public and the banks bank deposits of households and business firms bank deposits and mutual funds checkable deposits and currency in circulation
Chapter18: Money And The Federal Reserve System
Section: Chapter Questions
Problem 17SQ
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- The M1 money supply is composed of
all coins and paper money held by the general public and the banks
bank deposits of households and business firms
bank deposits and mutual funds
checkable deposits and currency in circulation
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