2. Figure 7.2 shows that, before the 1980s, M1 velocity generally rose over time. Suggest some explanations

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2. Figure 7.2 shows that, before the 1980s, M1 velocity generally rose over time. Suggest some explanations for this upward trend.

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Macroeconomics Value Edition

ISBN: 978-0136114895

7th Edition

Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore

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Question Posted: Nov 13, 2024 09:00 AM

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2. Figure 7.2 shows that, before the 1980s, M1 velocity generally rose over time. Suggest some explanations for this upward trend.
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2. Figure 7.2 shows that, before the 1980s, M1 velocity generally rose over time. Suggest some explanations

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Macroeconomics Value Edition

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