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A. Calculate the value of M1 for 2013 and 2014.B. Calculate the value of M2 for 2013 and 2014.C. Explain why it is not possible

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A. Calculate the value of M1 for 2013 and 2014.B. Calculate the value of M2 for 2013 and 2014.C. Explain why it is not possible to calculate the value of M3 from the above information?

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Theme 2: Measures of the Quantity of Money Short-term Coins and and bank notes Demand medium- Year in deposits term circulation (Rm) deposits (Rm) (Rm) 2013 87 014 1 045 025 748 093 2014 94 193 1 148 557 787 178

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