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Macroeconomics 6th Edition by Robert Hall,Marc Lieberman
Edition 6ISBN: 978-1111822354Macroeconomics 6th Edition by Robert Hall,Marc Lieberman
Edition 6ISBN: 978-1111822354 Exercise 3
Which of the following is considered part of the U.S. money supply? (Use the M1 measures.)
a. A $10 bill you carry in your wallet
b. A $100 traveler's check you bought but did not use
c. A $100 bill in a bank's vault
d. The $325.43 balance in your checking account
e. A share of General Motors stock worth $40
a. A $10 bill you carry in your wallet
b. A $100 traveler's check you bought but did not use
c. A $100 bill in a bank's vault
d. The $325.43 balance in your checking account
e. A share of General Motors stock worth $40
Explanation
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The M1 measurement of money supply is na...
Macroeconomics 6th Edition by Robert Hall,Marc Lieberman
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