S. Compare the monetary base to M2 on the grounds Of controllability and measurability. Which do you

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S. Compare the monetary base to M2 on the grounds Of controllability and measurability. Which do you prefer as an interrnediate target? Why?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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