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The Close Relationship Between M2 and Nominal GDP in the 1960s

question 119

Multiple Choice

The close relationship between M2 and nominal GDP in the 1960s and 1970s vanished from the 1980s through 2015.Which of the following contributed to this breakdown?
I.deregulation of the banking industry
II.introduction of new financial products (not included in M2)
Which allowed people to transfer funds into their checking accounts as and when needed
III.monetary policy lags


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Actions or stimuli intended to evoke or enhance emotional responses.

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Reliance on the integrity, strength, ability, or character of a person or thing.

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Fatty acids that contain more than one unsaturated carbon bond, considered healthier fats and found in foods like fish and nuts.

Trans Fat

A type of unhealthy fat formed through the industrial process of adding hydrogen to vegetable oil, which can raise bad cholesterol levels and increase heart disease risk.

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