Macroeconomics (7th Edition)
Macroeconomics (7th Edition)
7th Edition
ISBN: 9780134738314
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 14, Problem 14.3RDE

Subpart (a):

To determine

M1 and M2.

Subpart (b):

To determine

M1 and M2.

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Students have asked these similar questions
What does m1,m2 m3 include in detail ??
By how much has the following US money aggregates grown between January 2018 (i.e. the month-end amount for Jan. 2018) and September 2022 (i.e. the month-end amount for Sept. 2022)? Tip: You need to download monthly data for both M1 and M2 money aggregates in the US. a. US M1 = b. US M2 = % %
why does m2 fall and not remain unchanged? doesn't M2 consist of both M1 and M2? so when M1 rise (due to more cash), savings account (which is under M2) will drop by the same amount as M1 rise, hence overall M2 will remain unchanged?
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