What is the money supply?
A) the total amount of money held in the Federal Reserve Bank
B) the combined amount of money available in privately owned accounts
C) the combined amount of money available within the economy
D) the amount of money the government is allowed to spend to stimulate economic growth
E) all the coins and bills held by people, businesses, and banks
C
Explanation: C) The money supply is defined as all available money within the economy. It includes not only currency, but also personal savings and checking accounts as well as the deposit accounts from large institutions.
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