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Emission of which of the following does not produce a change in the identity of the element?
M3
A gauge of monetary supply that encompasses M2, including cash, checking deposits, and near money that's easily converted, in addition to large-scale time deposits, institutional money market funds, and other sizeable liquid assets.
Check-Cashing Outlets
Businesses that offer to cash checks for a fee, often serving customers who do not have access to traditional banking services.
Banking Services
Various financial services provided by banks, including loans, deposits, money transfers, and account management.
Money Orders
A financial instrument issued by a bank or postal service that allows the person named on the order to receive a specified amount of cash on demand, often used for payments when checks are not accepted.
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