Question

Credits: Board of Governors of the Federal Reserve System (US), Total Assets, All Commercial Banks, Total Liabilities, All Commercial Banks, and Deposits, All Commercial Banks, retrieved from FRED, Federal Reserve Bank of St. Louis 1st attempt Part 1 (1 point)See Hint From 1975 to 2018, the M1 money supply increased by $ . Part 2 (1 point)See Hint From 1975 to 2018, the non-M1 components of M2 increased by $ . Part 3 (1 point)See Hint Over time, M2 has become a better measure of our economy’s medium of exchange than M1 on account of Choose one or more: A. the increased use of ATMs. B. the increased use of debit cards. C. people not using currency to make purchases as much as they used to. D. None of these answers are correct.

Answer 1

Answer:

Hi

Explanation:

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