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Explain what financial assets are included in M1 and M2 money stock. In 2020, M1 money stock increased by approximately $16 trillion (from $4 trillion
Explain what financial assets are included in M1 and M2 money stock. In 2020, M1 money stock increased by approximately $16 trillion (from $4 trillion to $20 trillion), but M2 money increased by only $6 trillion (from $15 trillion to $21 trillion). Explain what happened - why didn't M2 money increase as much as M1? Question 7 options
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