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If the Federal Reserve decided to include virtual money like Bitcoins in its measure of the money supply, what would be the effect on M1
If the Federal Reserve decided to include virtual money like Bitcoins in its measure of the money supply, what would be the effect on M1 or M2?
M1 would fall.
M2 would rise but M1 would remain constant.
Both M1 and M2 would rise.
M1 would rise and M2 would remain constant.
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