Find the most recent level of M2 (FRED code: M2SL) and of the U.S. population (FRED code:

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Find the most recent level of M2 (FRED code: M2SL) and of the U.S. population (FRED code: POP). Compute the quantity of money divided by the population. Do you think your answer is large? Why?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Oct 02, 2014 07:54 AM

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Find the most recent level of M2 (FRED code: M2SL) and of the U.S. population (FRED code:

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In March 2013 the value of M2 was 10447 billion The total population was 3158 mil...View the full answer

Money Banking and Financial Markets

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