The distinction between M1 and M2 has blurred over time because:
a. M1 is now larger than M2
b. depositors can transfer funds between accounts easily.
c. the Federal Reserve has defined them less precisely.
d. M1 is becoming less liquid.
e. banks are now offering time deposits.
b
Economics
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If inflation is completely anticipated,
A) lenders lose in the economy. B) borrowers lose in the economy. C) firms lose because they incur menu costs. D) no one loses in the economy.
Economics
A table which shows the quantities of a particular good or service that producers are willing to sell (supply) at various prices is known as a supply:
A. schedule. B. figure. C. curve. D. graph.
Economics