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22 December, 23:43

Which of the following is NOT an example of M1 money?

a. currency

c. travelers' checks

b. a mutual fund

d. a checking account

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Answers (1)
  1. 22 December, 23:51
    0
    A mutual fund is not an example of M1 money, whereas currency, travelers' checks, and a checking account are.
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