It's an economy with only two non-identical banks, called Bank One and Bank Two. In addition...

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Its an economy with only two non-identical banks, called Bank One and Bank Two. In addition to this information, members of

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Answer 1

Answer #1

M1 money supply is the simple money supply with easiest liquidity

It includes physical currency, traveller check, checkable deposit, demand deposits etc

It is different from the nearmoney

The near money falls in the M2 currency type

M, (Bank 1) = fast in bonkt Saling deposit + Checking deposit 2000 t 14000 t 40000 $56000 Mi (Bank 2) = checking if totall Sa

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Answer 2

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