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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 14
The M1 measure of the money supply emphasizes money's________function; the M2 measure increasingly emphasizes money's_________function.
A) Standard of value; store of value
B) Store of value; medium of exchange
C) Medium of exchange; standard of value
D) Medium of exchange; store of value
A) Standard of value; store of value
B) Store of value; medium of exchange
C) Medium of exchange; standard of value
D) Medium of exchange; store of value
Explanation
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Verified
M1 includes currency (in the form of coi...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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