The M1 defi nition of the money supply consists of a. coins and currency in circulation. b.

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The M1 defi nition of the money supply consists of

a. coins and currency in circulation.

b. coins and currency in circulation and checkable deposits.

c. Federal Reserve notes, gold certifi cates, and checkable deposits.

d. Federal Reserve notes and bank loans.

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Economics For Today

ISBN: 9780226734798

7th Edition

Authors: Irvin B. Tucker

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