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Which of the following statements about the monetary aggregates is false? Which of the following statements about the monetary aggregates is false? A. When the
Which of the following statements about the monetary aggregates is false?
Which of the following statements about the monetary aggregates is false? A. When the growth rate of M2 increases, the growth rate of M1 must decrease. O B. The growth rates of M1 and M2 almost never track each other closely. O C. M1 is less than M2 O D. When you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same. Given that, in billions of U.S. dollars, we have 963.2 in currency, 423.5 in demand deposits, 3.3 in traveler's checks, 5737.8 in savings deposits, and 399 in other checka ble deposits. The total 1 amount in this econo my is $ (Round your answer to the nearest one-decimal place
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