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As a result of the ON RRP, what happens to the money supply? Specifically, how is M0, M1, and M2 affected? Take a look at

As a result of the ON RRP, what happens to the money supply? Specifically, how is M0, M1, and M2 affected? Take a look at the latest Federal Reserve release on the money supply and see if your answer accords with the pattern observed in the data since December 2021.

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