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The Federal Reserve measures the public money supply in three ways. Match each way with its description. 1. Liquid assets (only) M1 2. liquid assets

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The Federal Reserve measures the public money supply in three ways. Match each way with its description. 1. Liquid assets (only) M1 2. liquid assets and money in savings M3 accounts and CD's 3. liquid assets, money in savings accounts and CD's, and assets and M2 liabilities including long-term deposits of financial institutions

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