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The monetary base a) Includes neither exchange settlement accounts and bank deposit liabilities b) includes both exchange settlement accounts and bank deposits liabilities c) includes

The monetary base
a) Includes neither exchange settlement accounts and bank deposit liabilities
b) includes both exchange settlement accounts and bank deposits liabilities
c) includes exchange settlement account, but not bank deposit liabilities
d) includes both exchange settlement and the official public balance
e) includes only physical currency in circulation and bank vault money

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