Economics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN: 9781305506725
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher: Cengage Learning
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Chapter 13, Problem 2CQ
To determine

Identify the effect in the M1 money supply and the reason for adding interest-earning checkable deposits into M1.

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