What Is the Difference Between the M1 and M2 Definitions

question 49

Essay

What is the difference between the M1 and M2 definitions of the money supply?

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Definitions:

Physiological Arousal

Involves the activation of the body's state, preparing an individual for action and is often linked to emotional responses.

Emotional Response

A person's immediate and spontaneous reaction to a stimulus, which could be feelings of happiness, sadness, anger, or fear.

Facially Expressed

Pertaining to emotions, intentions, or communications conveyed through facial movements and expressions.

Brows Drawn

A facial expression where the eyebrows are pulled together, typically indicating worry, concentration, or anger.