What are the components of m-one and m-two, International Economics

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What are the components of m-one and m-two

Problem

1. What are the components of M₁ and M₂? List them.

2. Why is the actual money multiplier usually less than the simple money multiplier?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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