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Similar structures that havevolveindependently in different lineages that do not sharcommon ancestry arcalled
Money Supply
The comprehensive sum of money resources in an economy, encompassing cash, coins, and deposits in checking and savings accounts, at a specific moment.
Real Output
A measurement of the economic production adjusted for price changes, often used to evaluate the size and health of an economy.
Modern Monetarists
Economists who follow the monetarist school of thought, focusing on the role of governments in controlling the amount of money in circulation.
Nominal Money Supply
The amount of money circulating in an economy without adjusting for inflation.
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