What legislative change and financial innovations occurred


What legislative change and financial innovations occurred after 1979 that changed M1 from representing a pure medium of exchange to also representing a store of value?

Why would this change in M1 break the short-run link between money and inflation?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What legislative change and financial innovations occurred
Reference No:- TGS01705690

Expected delivery within 24 Hours