Notes on the Money Market and LM Curve – Eco 3202 – Fall ...

2002-05-17 · Sort of – let’s be precise and say that the Fed has a lot of influence over the money supply – in particular, M1, which is the monetary aggregate that includes the most liquid assets: Cash (Currency) and Demand Deposits (Checking accounts). M1 also includes travelers’ checks. There other major monetary aggregate is M2 which is a broader measure of money that includes all of M1 plus ... ................
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