The standard measure of the money stock,M1,refers to
A) checking account balances,travelers' checks,and cash in the hands of the public
B) cash in the hands of the public,demand deposits,and small time deposits
C) cash in the hands of the public,savings-type account balances,and travelers' checks
D) savings-type account balances,small time deposits,and checking account deposits
E) the sum of the cash in the hands of the public
Correct Answer:
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