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11Alexandr11 [23.1K]
3 years ago
15

Help, what are m<1 and m<2???

Mathematics
1 answer:
valentinak56 [21]3 years ago
3 0

Answer:

M1 and M2 money have several definitions, ranging from narrow to broad. M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.

Step-by-step explanation:

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