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Short Case Scenario 15-1

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Short Case Scenario 15-1
John Smith, a Minnesota native, has recently been elected to the U.S. House of Representatives. John, a long-time college professor, was elected on a platform of educational reform. Somehow, John finds himself appointed to the Joint Economic and Financial Services Committees. John is having a hard time understanding the testimony before each committee, but is hesitant to ask too many questions.
-There is a discussion of M-1 and M-2.Explain M-1 and M-2.

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M-1 and M-2 are two measures of the mone...

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