Why is M2 sometimes a more stable measure of money than M1? Explain in your own words

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Why is M2 sometimes a more stable measure of money than M1?

Explain in your own words using the definitions of M1 and M2.

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Principles Of Economics

ISBN: 9780593183540

10th Edition

Authors: Case, Karl E.;Oster, Sharon M.;Fair, Ray C

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Question Posted: Nov 12, 2024 09:01 AM

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Why is M2 sometimes a more stable measure of money than M1? Explain in your own words using the definitions of M1 and M2.
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Why is M2 sometimes a more stable measure of money than M1? Explain in your own words

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Principles Of Economics

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