thunderbolt3759 thunderbolt3759

14-03-2024
Business

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Which one of the following four expressions uses the economists' definition of money?
1) M1 = currency in circulation + demand deposits
2) m² = M1 + savings deposits + small time deposits
3) m³ = m² + large time deposits
4) M4 = m³ + repurchase agreements + Eurodollars

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