Traveler's Checks Are Part of the M1 Money Supply

question 96

True/False

Traveler's checks are part of the M1 money supply.

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Definitions:

Y Sex Chromosome

One of the two sex chromosomes, X and Y, that determine genetic sex in mammals; the presence of a Y chromosome generally leads to male development.

Genetic Code

The set of rules by which information encoded in genetic material (DNA or mRNA sequences) is translated into proteins by living cells.

Ovaries

Female reproductive organs that produce eggs and hormones, including estrogen and progesterone.

Testes

The male reproductive organs that produce sperm and hormones, including testosterone.