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    Macroeconomics Study Set 40
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    Exam 8: Money, the Price Level, and Inflation
  5. Question
    Explain What Is Included in M1 and M2
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Explain What Is Included in M1 and M2

Question 435

Question 435

Essay

Explain what is included in M1 and M2. Is all of M1 money? Is all of M2 money?

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M1 is equal to the sum of currency outsi...

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