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1.Explain what is meant by the money supply 2.Explain the difference between M1 and M2 3.Mention and explain the factors that influence the money supply

1.Explain what is meant by the money supply

2.Explain the difference between M1 and M2

3.Mention and explain the factors that influence the money supply

4.What is meant by base money

5.Explain the relationship between the money supply and inflation

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