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Discuss the Changes That Have and Will in the Future

question 16

Essay

Discuss the changes that have and will in the future affect the usefulness of the M1 and M2 money supply figures as indicators of monetary policy.


Definitions:

Balance Of Trade

The difference in value between a country's imports and exports over a certain period of time.

Electoral College

The Electoral College is a constitutionally established body in the United States that elects the President and Vice President, with electors from each state based on its representation in Congress.

Policy Statements

Official statements outlining the stance or approach of an organization or government on specific issues, guiding decisions and actions.

Normative

Relating to principles or rules about what actions are morally right or wrong.

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