What is included in M2 that is not included in M1?
What will be an ideal response?
Small denomination time deposits, plus savings deposits and money market deposit accounts and retail money market mutual fund shares.
Economics
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The monetary base declines when
A) the Fed extends discount loans. B) Treasury deposits at the Fed decrease. C) float increases. D) the Fed sells securities.
Economics
If a macroeconomic variable tends to aid in predicting the future path of real GDP, it is said to be a
A) convenient variable. B) coincident variable. C) leading variable. D) lagging variable.
Economics