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M1 now covers cash, savings and which kind of deposit?

ACharitable
BChargeable
CChangeable
DCheckable
Answer & Solution
Correct answer: D. Checkable
1. The money must be spendable at once. 2. Cheques and debit cards draw on it. 3. Those are checkable deposits. _Source: OpenStax Principles of Macroeconomics 3e, Chapter 14, Money and Banking._
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