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28-10-2020
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Which of the following is not part of M1? A. Time deposits. B. Transaction accounts C. Traveler's checks. D. Checking accounts.

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ewomazinoade ewomazinoade

29-10-2020

Answer:

A

Explanation:

M1 is a measure of money supply. it is the most liquid component of money supply. It includes currency, coins, travellers check and checking accounts

Time deposit is a part of M3

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