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Test: AP Macroeconomics
1. | Which of the following is not a part of M1? |
A check that has been written but not yet deposited
All of these are a part of M1.
Paper money
Money in a personal savings account
Traveler's checks
Heberto
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University of Colorado Boulder, Bachelor of Science, Economics. Harvard University, Master of Science, Public Policy Analysis.
Nicole
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College of St Benedict, Bachelor in Arts, Economics. University of South Florida-Main Campus, Master of Arts, Economics.
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