Question 7 Checking account balances are: not money. not included in M1. included in M2 but not M1. included in M1 and serve as a medium of exchange. 2 points

Question 7
Checking account balances are:
not money.
not included in M1.
included in M2 but not M1.
included in M1 and serve as a medium of exchange.
2 points

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