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Money Supply Mixed: The narrowest measure of...

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From Times Staff and Wire Reports

Money Supply Mixed: The narrowest measure of the nation’s money supply, M1, rose in the week ended Dec. 24 to a seasonally adjusted $828 billion from a revised $824 billion, the Federal Reserve Board reported. The measure known as M2 fell to a seasonally adjusted $3,322.2 billion from a revised $3,322.7 billion the week before. An even broader measure, M3, fell to a seasonally adjusted $4,086.5 billion from a revised $4,092.4 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts such as savings deposits and money market mutual funds.

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