Determine whether each of the following is counted in the

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Reference no: EM13471758

Determine whether each of the following is counted in the M1 measure of the money supply:

i. The coins in your piggy bank.

ii. The funds in your checking account at First National Bank.

iii. The funds in your savings account at Second National Bank.

iv. The traveler's check you have left over from your trip to Germany.

v. The available balance on your Citico Gold MasterCard.

Reference no: EM13471758

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