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The other checkable deposits component of the M1 measure reported by the Federal Reserve includes A) negotiable time deposits. B) money market mutual fund shares. C) automatic transfer from savings accounts.
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The other checkable deposits component of the M1 measure reported by the Federal Reserve includes

A) negotiable time deposits.

B) money market mutual fund shares.

C) automatic transfer from savings accounts.

D) money market deposit accounts.

User Mahesh Parate
by
5.2k points

1 Answer

5 votes

Answer:

C) automatic transfer from savings accounts.

Step-by-step explanation:

The components of M1 that involves other checkable deposits could also consist of withdrawal of order i.e. negotiated and the service in which automatic while transfering from the saving account, institutions with respect to foreign related, and other things

Therefore in the given case, the option C is correct and hence, the same is to be considered

User Sumchans
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