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Explain how an increase in the monetary base , such as that which occurred during Quantitative Easing, might not translate directly to an increase in
Explain how an increase in the monetary base, such as that which occurred during Quantitative Easing, might not translate directly to an increase in the M1 money supply.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
7th Edition
0030333288, 9780030333286
