Option B. traveler's checks are included in the aggregate amount of mi money currently in circulation. The aggregate amount of MI money
are broad measures of how much money exists in an economy at various levels, including currency, deposits, and credit.
<h3>What is a traveler's check?</h3>
A traveller's cheque is a medium of exchange that can be used in place of hard currency. They can be denominated in one of a number of major world currencies and are preprinted, fixed-amount cheques designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid the issuer for that privilege.
Therefore, the correct answer is option B. traveler's checks
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The complete question goes thus:
_____ are included in the aggregate amount of MI money currently in circulation.
A. savings deposits
B. traveler's checks
C. short-term bonds
D. foreign currency deposits
