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The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
Edition 10ISBN: 978-0132763646The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
Edition 10ISBN: 978-0132763646 Exercise 18
Go to http://www.federalreserve.gov/releases/h6/Current/.
a. What have been the growth rates of M1 and M2 over the past twelve months?
b. From what you know about the state of the economy, do these growth rates seem expansionary or restrictive?
a. What have been the growth rates of M1 and M2 over the past twelve months?
b. From what you know about the state of the economy, do these growth rates seem expansionary or restrictive?
Explanation
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The M1 and M2 are the main base of money...
The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
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