Continuing from the previous question, compute the growth rates of M1++ and M2++. a. What is the

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Continuing from the previous question, compute the growth rates of M1++ and M2++.

a. What is the average M1++ growth rate? Its variance?

b. What is the average M2++ growth rate? Its variance?

c. Which monetary aggregate is more variable?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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