Go to http://www.federalreserve.gov/releases/h6/Current/.. a. What have been the growth rates of M1 and M2 over the past

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Go to http://www.federalreserve.gov/releases/h6/Current/..

a. What have been the growth rates of M1 and M2 over the past 12 months?

b. From what you know about the state of the economy, do these growth rates seem expansionary or restrictive?

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