True or false: M-3 is money that people can gain access to quickly and easily to pay for goods and services.

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asked Apr 17, 2017 225k views

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Niek Jannink · Answer 1 · 2017-04-23T02:28:05+0000

It is false that M-3 is money that people can gain access to quickly and easily to pay for goods and services. That would be M-1.
M-3 refers to stocks, bonds, mutual funds, etc.

True or false: M-3 is money that people can gain access to quickly and easily to pay for goods and services.

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