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  2. Topic
    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 8: Money, the Price Level, and Inflation
  5. Question
    M2 Is
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M2 Is

Question 315

Question 315

Multiple Choice

M2 is


A) smaller than M1.
B) larger than M1.
C) equal to M1, given full employment.
D) equal to M1, but only when all three functions of money apply.

Correct Answer:

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