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Fact 8.1.1 Currency outside banks is $53 billion; personal and business ch...

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Fact 8.1.1

Currency outside banks is $53 billion; personal and business chequable deposits are $211 billion; personal non-chequable deposits are $163 billion; and business non-chequable deposits are $332 billion.

Consider Fact 8.1.1, which gives data on the banking system in an economy. What is M1+?
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