Answered: The money in your personal checking…

The money in your personal checking account is counted as: A. Neither M1 nor M2 money B. M1 money only C. M2 money only D. M1 and M2 money

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter18: Money And The Federal Reserve System

Section: Chapter Questions

Problem 8SQ

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Question

The money in your personal checking account is counted as:

	A.	Neither M1 nor M2 money
	B.	M1 money only
	C.	M2 money only
	D.	M1 and M2 money

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