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David Windorski,an inventor at 3M,questioned dozens of students about how they study.They told him
M1 Money Supply
The measure of the most liquid components of the money supply, including currency in circulation and demand deposits in banks.
Checkable Deposits
Bank deposits that allow the account owner to write checks to third parties; debit cards can also access these deposits and transmit them electronically.
Nonbank Public
Refers to individuals and entities that are participants in the economy and financial system but do not include regulated banking institutions.
Traveler's Checks
A preprinted, fixed-amount check designed to allow the person signing it to make an unconditional payment to someone else as a result of the payee's acceptance.
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