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Which one of the following is not included in the M1 money stock?
Carrying Costs
The total expenses associated with holding or maintaining an asset over time, including storage, insurance, and taxes.
Holding Cash
Maintaining a portion of one's assets in liquid cash form to meet immediate needs or prepare for future expenses or investment opportunities.
Total Costs
The complete amount of expenses incurred by a business or project, including both fixed and variable costs.
Money Market Instruments
Short-term financial instruments typically with high liquidity and very low risk.
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