The M1 measure of the money supply equals - 3677

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The M1 measure of the money supply equals 

A.   currency plus checking account balances.

B.   currency plus checking account balances plus traveler's checks.

C.   currency plus checking account balances plus traveler's checks plus savings account balances.

D.   paper money plus coins in circulation.

Solution Description

The M1 measure of the money supply equals