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M1++ TT -M2+ + -Me The figure to the right shows the growth rates of three aggregates: M1++, M2, and M2++ for 1969-2014. Have their
M1++ TT -M2+ + -Me The figure to the right shows the growth rates of three aggregates: M1++, M2, and M2++ for 1969-2014. Have their growth rates been similar? What implications do their growth rates have for the conduct of monetary policy? Have their growth rates been similar? Select one response from the drop-down menu: Janine The fluctuations in the growth rates of M1++, M2, and M2++ have been over time What implications do their growth rates have for the conduct of monetary policy? Select the best answer: O A. Since they move together, any of the aggregates can be used as a measure of the money supply. OB. Using the arithmetic average of the aggregates is the best measure of monetary policy OC. The aggregates cannot be used as a measure of the money supply. O D. Although the aggregates move together, their movements are not identical, therefore, each tells a different story about the course of monetary policy M1++ TT -M2+ + -Me The figure to the right shows the growth rates of three aggregates: M1++, M2, and M2++ for 1969-2014. Have their growth rates been similar? What implications do their growth rates have for the conduct of monetary policy? Have their growth rates been similar? Select one response from the drop-down menu: Janine The fluctuations in the growth rates of M1++, M2, and M2++ have been over time What implications do their growth rates have for the conduct of monetary policy? Select the best answer: O A. Since they move together, any of the aggregates can be used as a measure of the money supply. OB. Using the arithmetic average of the aggregates is the best measure of monetary policy OC. The aggregates cannot be used as a measure of the money supply. O D. Although the aggregates move together, their movements are not identical, therefore, each tells a different story about the course of monetary policy
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