Multiple Choice
The chief difference between the M1 and M2 measures of the money supply is:
A) the supply of M1 exceeds the supply of M2.
B) M2 excludes currency.
C) M1 is a broader, more comprehensive measure.
D) M2 includes assets with a lower liquidity than those in M1.
Correct Answer:
Verified
Correct Answer:
Verified
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