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Unformatted text preview: is; if this was included, we would be double counting and when you took cash out of your checking account, the money supply would go down although obviously it does not. Only currency outside the banks is part of the money supply. e. Travelers checks...
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This note was uploaded on 05/22/2011 for the course ECO 2013 taught by Professor Denslow during the Spring '05 term at University of Florida.
- Spring '05