Question
Which of the following is not counted as part of M1?
A. Saving deposits
B. Federal Reserve notes, or "paper money"
C. Coins
D. Traveler's checks
E. Checkable deposits
A. Saving deposits
B. Federal Reserve notes, or "paper money"
C. Coins
D. Traveler's checks
E. Checkable deposits
Answers
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Answered by
GPT 3.5
A. Saving deposits
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