Since 1975, which measure of the money supply has grown more rapidly, M1 or M2? Briefly explain

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Since 1975, which measure of the money supply has grown more rapidly, M1 or M2? Briefly explain why. Has the growth of M1 been more or less stable than the growth rate of M2?

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Money Banking And The Financial System International Edition

ISBN: 978-1292000183

2nd Edition

Authors: R. Glenn Hubbard ,Anthony P Obrien

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Question Posted: Mar 15, 2024 12:00 AM

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Since 1970, which measure of the money supply has grown more rapidly, M1 or M2? Briefly explain why. Has the growth of M1 been more or less stable than the growth rate of M2?
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Since 1975, which measure of the money supply has grown more rapidly, M1 or M2? Briefly explain

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Since 1975 M2 has generally grown more rapidly than M1 in the United States M1 includes only the mos...View the full answer

Money Banking And The Financial System International Edition

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