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Which of these structures is the smallest?
Federal Reserve Notes
The paper currency issued by the Federal Reserve System in the United States, serving as the nation's primary form of legal tender.
Checkable Deposits
Bank account balances that are readily available for withdrawal and can be used for making payments, such as in checking accounts.
U.S. Treasury Deposits
Funds held at the Federal Reserve that belong to the U.S. Treasury, often from revenues or borrowing, used for government spending.
Certificates of Deposit
Savings certificates with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements.
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