During the last 20 years, the M1 money multiplier

Name: During the last 20 years, the M1 money multiplier
Brand: Quizplus
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The M1 money multiplier has declined over the last 20 years. This is primarily due to changes in the way banks operate and changes in the behavior of individuals and businesses. Specifically, the rise of non-bank financial institutions and the increasing use of electronic payments have reduced the need for traditional banking services that drive the M1 money multiplier.

During the Last 20 Years, the M1 Money Multiplier