Explore monetary aggregates, specifically M1 and M2, as measures of the money supply. Discuss the components of these aggregates and their role in gauging the availability of money in the economy. Analyze how changes in the money supply can influence inflation and economic activity.
Define the concept of monetary aggregates, such as M1 and M2, and discuss their role in measuring the money supply. Analyze how changes in the money supply can impact inflation and economic activity.
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