Question
In USA during 2020, M1+ grew by 30%, its highest growth rate since October 1985. a)What is included in the M1+ measure of the money
In USA during 2020, M1+ grew by 30%, its highest growth rate since October 1985.
a)What is included in the M1+ measure of the money supply?
b)Using the model of money supply and demand, explain how a monetary injection affects the equilibrium value of money and the price level.
this is the whole question
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
