To prove that the increase in M1 money is coming out of term savings, the author posts this graph: What I see in this graph is that the “non-M1” component of M2 (in other words the term savings component) shot up early in the year under the CARES Act and has now fallen by enou...
Learn about the money market. See how money demand and money supply are represented on the money market graph. Compare the money demand and money supply curves. Related to this Question If the value of M1 was $10 billion, M2 was $40 billion and ...
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