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What Are the Two Common Measures of the Money Supply

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What are the two common measures of the money supply in use today?


Definitions:

Socially Sanctioned

Behaviors or practices that are acceptable and approved within a society or group.

Formal Role

A defined position or function within a structure or system, often with specific responsibilities and authority.

Caregiver

A caregiver is an individual who provides care for someone who is unable to look after themselves due to disability, illness, or aging, taking on responsibilities that may include physical assistance and emotional support.

Covert Power

Refers to the influence exerted in a hidden or non-obvious manner, often manipulating circumstances or outcomes without overtly showing authority.

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