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Loraine Loraine
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8 years ago
M2 equals
A) M1 and is just another name for currency outside of banks.
B) M1 plus savings deposits, small time deposits, and money market fund deposits.
C) M1 minus traveler's checks because they are not really money.
D) currency plus savings deposits, all time deposits, and money market funds and other deposits.
E) M1 plus savings deposits and small time deposits minus money market fund deposits.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
Don't mention it Happy Dummy
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