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Business, 20.11.2021 05:50 milkshakegrande101

Choose the correct statement. A. The deposits of commercial banks represent 62 percent of M1 and 49 percent of M2. B. Money market mutual funds represent 13 percent of M1. C. In 2017 about 700 commercial banks operated in the United States. D. A bank's reserves are notes and coins in the bank's vault or in a deposit account at the Federal Reserve.

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