Currency held outside banks is $100 billion, money market mutual funds (retail) are $120 billion, small-denomination time
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Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
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M2 M1 savings deposits including money market deposit accounts smalldenomination ti...View the full answer
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