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The Adoption of Structural Adjustment Programs Caused the Expansion of Government

question 55

True/False

The adoption of structural adjustment programs caused the expansion of government social programs in Middle and South America.


Definitions:

M1

A measure of the money supply that includes all physical currency and coins, demand deposits, traveler's checks, and other checkable deposits.

M2

M1 plus savings deposits, small-denomination time deposits, and money market mutual funds.

M3

M2 plus large-denomination time deposits.

M1

A category of the money supply that includes physical currency and coins, demand deposits, traveler’s checks, and other checkable deposits.

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