CHAPTER 1

c. Money market mutual funds. d. Money market deposit accounts. ANSWER: b. 38. DNFD does not include the debt of financial institutions. This is done to avoid. a. double counting. b. inefficiencies. c. high debt-GDP ratios for the economy as a whole. d. public outcries about the high level of debt. ANSWER: a. 39. The payment mechanism is how ... ................
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