Question

    M1 is defined

    as:
    A Currency with Public + Demand Deposits in Banks Correct Answer Incorrect Answer
    B Currency with Public + Demand and Term Deposits in Banks Correct Answer Incorrect Answer
    C M0 + Demand Deposits in Banks Correct Answer Incorrect Answer
    D M0 + Demand and Term Deposits in Banks Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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