Why would the increasing liquidity of savings accounts make some monetary economists track the size of M1

Question:

Why would the increasing liquidity of savings accounts make some monetary economists track the size of M1 plus savings account balances (called MZM) over time?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

Question Posted: