For the following list of items, indicate if they are in M1, M2, or neither: Your $5,000
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For the following list of items, indicate if they are in M1, M2, or neither:
Your $5,000 line of credit on your Bank of America card
$50 dollars’ worth of traveler’s checks you have not used yet
$1 in quarters in your pocket
$1200 in your checking account
$2000 you have in a money market account
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