Multiple Choice
A reason that economists keep an eye on both M2 and M1 is because
A) M2 is more accurate than M1.
B) both fluctuate widely and frequently in total dollar value.
C) money market accounts are sometimes used like checking accounts and sometimes like savings accounts.
D) during a recession, M1 is meaningless.
Correct Answer:

Verified
Correct Answer:
Verified
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