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19. The table below shows hypothetical values, in billions of dollars, of different forms of
money. a. Use the table to calculate the M1 and M2 money supplies for each year, as well as the
growth rates of the M 1 and M2 money supplies from the previous year. b. Why are the growth
rates of M1 and M2 so different? Explain.

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19. The table below shows hypothetical values, in billions of dolla.pdf

  • 1. 19. The table below shows hypothetical values, in billions of dollars, of different forms of money. a. Use the table to calculate the M1 and M2 money supplies for each year, as well as the growth rates of the M 1 and M2 money supplies from the previous year. b. Why are the growth rates of M1 and M2 so different? Explain.