What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable
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What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1, whereas interest-earning savings accounts and Treasury bills are not?
*3. What makes money valuable? Does money perform an economic service? Explain. Could money perform its function better if there were twice as much of it? Why or why not?
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Related Book For 
Macroeconomics Private And Public Choice
ISBN: 9780538754286
13th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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