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Your chequing account balance would be counted in which measure of money? Е ОМ1 OM2 It would be counted in both M1 and M2. O
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Answer #1

C) it would be counted in both, chequing account balance (checkable deposit) is a part of M1 and M1 is a part of M2. Therefore, it would be counted in both M1 and M2

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