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(Solved): Growth Rates of the M1 and M2 Aggregates, 1960-2011 Referring to the figure above, we find that A. ...
Growth Rates of the M1 and M2 Aggregates, 1960-2011 Referring to the figure above, we find that A. the timing of the rise and fall of the monetary aggregates is roughly similar until the 1990s. B. both monetary aggregates show a lower growth rate, on average, in the 1970 s than in the 1960s. C. the growth rates of these monetary aggregates never move together. D. the M2 aggregate growth is always higher than that of the M1 aggregate.