Which of the ECBs measures of the monetary aggregates M1 or M3 is composed of

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Which of the ECB’s measures of the monetary aggregates – M1 or M3 – is composed of the most liquid assets? Which is the largest measure?

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The Economics Of Money, Banking & Financial Markets

ISBN: 126161

1st Edition

Authors: Massimo Giuliodori, Frederic S. Mishkin Kent Matthews

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