Question
Hi, I want to ask about Canadian Monetary aggregates, specifically about M2 and M2+. As far as I understand, M2 is M1 + fixed term
Hi, I want to ask about Canadian Monetary aggregates, specifically about M2 and M2+.
As far as I understand, M2 is M1 + fixed term deposits. I found that M2+ is M2+ TMLs and CUCPs. What exactly is TMLs and CUCPs? Why exactly are there distinction between them (is TMLs and CUCPs greatly different in terms of liquidity to fixed term deposits?)?
Thank you.
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Cost Accounting Principles And Applications
Authors: Horace R. Brock, Linda Herrington
6th Edition
0028034287, 978-0028034287
