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If the Fed sells $5 billion of U.S.bonds in the open market and the reserve requirement is 5 percent,M1 will eventually
Interval
A range or distance between two points or values, often referring to time or space.
Level Of Measurement
The classification of a variable depending on how its values can be measured or categorized, such as nominal, ordinal, interval, or ratio.
Nominal
Pertaining to data classified into mutually exclusive categories without any order or rank.
Ordinal
Refers to a type of categorical variable with a set order or scale, but without a fixed interval between its values.
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