Which of the Following Statements About Traveler's Checks Is True

question 72

Multiple Choice

Which of the following statements about traveler's checks is true?

• A) Traveler's checks are included in M1 but not M2.
• B) Traveler's checks are considered a savings deposit.
• C) Traveler's checks are not money.
• D) Traveler's checks are part of M1 and M2.
• E) Traveler's checks are considered a checkable deposit.

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