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Unformatted text preview: Not directly money but liquid assets M1 stock has increased at a more volatile but steady rate than currency Logarithmic graphs: same slop -> same growth rate Levels graph: same slope -> same absolute change M1 and M2 Log Graphs, same slope same growth rate Make growth rates comparable look at annual rates Month to month growth rates are much more volatile First quiz this weekend...
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This document was uploaded on 11/02/2011 for the course ECO 301 at Miami University.
- Fall '10