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Researchers at the Federal Reserve Found That M2 Money Demand

Question 12

Multiple Choice

Researchers at the Federal Reserve found that M2 money demand functions performed ________ in the 1980s,with M2 velocity moving ________ with the opportunity cost of holding M2.


A) poorly;erratically
B) poorly;closely
C) well;erratically
D) well;closely

Correct Answer:

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