• Card 54 / 145: Table: The Definition of the Money Supply Type of money Amount (millions) Currency and reserves held by banks at the Fed $50 Currency $100 Checkable deposits $250 Savings deposits $150 Money market mutual funds $25 Small time deposits $10 What is the M1 money supply?
    A) $250 million
    B) $150 million
    C) $300 million
    D) $400 million

    Answer:
    D) $400 million

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Macroeconomics MCQ

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