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4. For the following list of items, indicate if they are in M1, M2, or neither:

A.Your $5,000 line of credit on your Bank of America card
B.$50 dollars’ worth of traveler’s checks you have not used yet
C.$1 in quarters in your pocket
D. $1200 in your checking account
E.$2000 you have in a money market account

ECON Qustion

1 Answer

1 vote
B $5,000 line of credit on your Bank of America card
User KirstieBallance
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