Which of the following is included in M1?
A) Savings accounts
B) Money market deposit accounts
C) Money market mutual funds
D) Certificates of deposit
E) None of the above is included.
Correct Answer:
Verified
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A)backed by gold.
B)money with intrinsic
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A) included in M1 but
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Q114: Liquidity can be defined as the
A)cash value
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