Money Supply Declines: The narrowest measure of...
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From Times Staff and Wire Reports
Money Supply Declines: The narrowest measure of the money supply, M1, rose in the week ended Nov. 5 to a seasonally adjusted $822.6 billion from a revised $820.2 billion, the Federal Reserve Board reported. The Fed said a broader measure, known as M2, fell to a seasonally adjusted $3,315.7 billion from a revised $3,315.8 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks.
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