Monetary aggregates are useful indirect measures of
A)the monetary base.
B)aggregate economic activity.
C)inflation.
D)interest rates.
E)the role of money.

Question

Quizplus · Accepted Answer

Monetary aggregates are often used to measure the overall level of economic activity in a country, as they represent the total amount of money circulating within the economy. This makes them useful for analyzing trends in economic growth, employment, and other indicators of economic performance. While they can also provide insights into inflation and the role of money in the economy, their primary purpose is to track changes in aggregate economic activity.

Monetary Aggregates Are Useful Indirect Measures of