When We Add Up Currency,demand Deposits,other Checkable Deposits,and Travelers Checks,we

question 63

Multiple Choice

When we add up currency,demand deposits,other checkable deposits,and travelers checks,we get

• A) the money supply,as universally defined by economists.
• B) the totality of common stores of value in the United States.
• C) M1.
• D) M2.

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