Which of the following items is part of M1? M2? a. $0.27 cents that has accumulated under

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Which of the following items is part of M1? M2?

a. $0.27 cents that has accumulated under a couch cushion.

b. Your $2,000 line of credit with your Visa account.

c. The $210 balance in your checking account.

d. $417 in your savings account.

e. 10 shares of stock your uncle gave you on your 18th birthday, which are now worth $520.

f. $200 in traveler’s checks you have purchased for your springbreak trip. L987

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Principles Of Macroeconomics

ISBN: 9780691170817

1st Edition

Authors: Libby Rittenberg, Timothy Tregarthen

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