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 Macroeconomics

ISBN: 9780374146412

10th Edition

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

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