flower4475
flower4475 flower4475
  • 13-04-2021
  • Mathematics
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Help, what are m<1 and m<2???

Help what are mlt1 and mlt2 class=

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jtudor
jtudor jtudor
  • 13-04-2021

Answer:

M1 and M2 money have several definitions, ranging from narrow to broad. M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.

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