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AP Economics > Macroeconomics Unit 4 > Flashcards

Macroeconomics Unit 4 Flashcards

1
Q

The Monetary Base Includes

A

currency in circulation and bank reserves

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2
Q

What does M1 money include

A

currency in circulation, demand deposits, and other liquid deposits such as savings deposits

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3
Q

What does M2 money include

A

M2 is composed of M1
and CDs, money market accounts/saving deposits, money market funds

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4
Q

Shifter of money demand

A

Changes in price level
Changes in income
Changes in tech

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5
Q
A
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AP Economics (6 decks)

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