Both M₁ and M2 are monetary values much larger than nominal GDP.

Name: Both M₁ and M2 are monetary values much larger than nominal GDP.
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Quizplus · Accepted Answer

It is highly unlikely for both M₁ and M2 to be monetary values much larger than nominal GDP, as nominal GDP represents the total value of all goods and services produced in a country during a specific period, and it is typically a much larger number than monetary aggregates like M₁ and M2.

Both M₁ and M2 Are Monetary Values Much Larger Than