If currency held outside banks is $200 billion and M1 is $600 billion, do we know for

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If currency held outside banks is $200 billion and M1 is $600 billion, do we know for sure how much checkable deposits equal? Why or why not?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:25 AM

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If currency held outside banks is $200 billion and M1 is $600 billion, do we know for

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