How are these monetary aggregates constructed? There's no real logic. It's just a list that has been built over time. From the ones more demanded to the ones less demanded From the ones that exist the most in the economy, to the ones that exist the least. From the most liquid to the most illiquid
How are these monetary aggregates constructed? There's no real logic. It's just a list that has been built over time. From the ones more demanded to the ones less demanded From the ones that exist the most in the economy, to the ones that exist the least. From the most liquid to the most illiquid
Chapter25: Money, Banking, And The Federal Reserve System
Section: Chapter Questions
Problem 24P
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Question
![In class, we talked about hot to measure money.
We talked about the different types:
M1, M2, ..... Mwhatevernumber
How are these monetary aggregates constructed?
There's no real logic. It's just a list that has been built over time.
From the ones more demanded to the ones less demanded
From the ones that exist the most in the economy, to the ones that exist the least.
From the most liquid to the most illiquid](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3cb251eb-a387-49be-8f91-90d574d793df%2F9903c207-ae7e-48cb-bf30-8ffb0042ce57%2Fn4hwv7k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In class, we talked about hot to measure money.
We talked about the different types:
M1, M2, ..... Mwhatevernumber
How are these monetary aggregates constructed?
There's no real logic. It's just a list that has been built over time.
From the ones more demanded to the ones less demanded
From the ones that exist the most in the economy, to the ones that exist the least.
From the most liquid to the most illiquid
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