Describe the difference between inside money and outside money, and explain whether each of the following items represent inside money or outside money:
a.Checking accounts
b.Coins
c.Travelers checks
d.Money-market mutual funds
e.$100 bills

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The Answer of Describe the difference between inside money and outside money, and explain whether each of the following items represent inside money or outside money:
a.Checking accounts
b.Coins
c.Travelers checks
d.Money-market mutual funds
e.$100 bills

Describe the Difference Between Inside Money and Outside Money, and Explain