Going from M0 to M1 and to M2, what is the principle?

A) from household money demand to firm money demand
B) from illiquid to liquid
C) from most usable to least usable for transaction purposes
D) from most usable to least usable as a store of value

C

Economics

You might also like to view...

Fair outcomes are the result of fair rules defines _____

a. a procedural theory of justice b. a constitutional theory of justice c. justice d. a consensus theory of justice

Economics

People maximize utility when they make the choices that provide the highest level of satisfaction

a. True b. False Indicate whether the statement is true or false

Economics