For each of the following assets, indicate which of the monetary aggregates (M1+ and M2+) includes them:

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For each of the following assets, indicate which of the monetary aggregates (M1+ and M2+) includes them:

a. Currency

b. Money market mutual funds

c. Canada Savings Bonds

d. Chequable deposits

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Related Book For  book-img-for-question

The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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