In terms of the functions of money, is there really any functional difference between M1 and M2?

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Managing in a Global Economy Demystifying International Macroeconomics

ISBN: 978-1285055428

2nd edition

Authors: John E. Marthinsen

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Question Posted: Mar 09, 2016 06:45 AM

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In terms of the functions of money, is there really any functional difference between M1 and M2?

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Yes there are differences M1 satisfies all the functions o...View the full answer

Managing in a Global Economy Demystifying International Macroeconomics

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