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1 October, 19:08

When the Fed refers to M1, it is referring to such elements of the money supply as

a. money market funds.

c. traveler's checks and currency.

b. savings deposits.

d. stocks.

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Answers (1)
  1. 1 October, 19:28
    0
    a. money market funds.

    or anything that can easily be converted in Cash
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