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EllieIx88 EllieIx88
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5 years ago
In an economy, there is $200 million in currency held outside banks, $100 million in traveler's checks, $250 million in currency held inside the banks, $300 million in checking deposits, and $600 million in savings deposits. The value of M1 is ________.
A) $750 million
B) $1,200 million
C) $1,150 million
D) $600 million
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Macroeconomics

Macroeconomics


Edition: 12th
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