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Cash, checkable deposits and traveler's checks make up:

AM2
BM3
CM0
DM1
Answer & Solution
Correct answer: D. M1
1. These are the most liquid monies. 2. Together they are M1. 3. M2 adds savings and time deposits. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 13, Money and Banking (CC BY 4.0)._
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