M1 includes currency, checkable deposits, traveler's checks, and savings deposits
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Q7: A reserve requirement of 10% implies a
Q8: Money is a more efficient store of
Q9: For society, more money means more wealth.
Q10: Reserve requirements exist primarily to prevent bank
Q11: The existence of inflation and other possible
Q13: The larger the fraction of an investment
Q14: The higher the interest rate paid on
Q15: If a person buries his money in
Q16: Paper money is fiat money because it
Q17: Credit cards should be included in M1
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