AnswersMO-EconomicsIntroduction to Macroeconomics

Money Answers

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1
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What does it mean to say that money is divisible?

A
There is a limited supply of money available.
B
Money is easy to carry from place to place.
C
Larger denominations of coins and bills can be exchanged for smaller denominations.
D
Money is accepted as a way to make a payment anywhere in the US.
2
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M1✔ M2

A
M1
B
✔ M2

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