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25-11-2022
Business

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You earn $500 a month and currently have $200 in currency, $100 in your checking account, $2,000 in your savings account, $3,000 worth of illiquid assets, and $1,000 of debt.
a. How much money (M1) do you have?
b. What is your annual income?
c. How much wealth do you have?

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