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The most commonly quoted monetary aggregate is:
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The most commonly quoted monetary aggregate is:

User Smeso
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Answer: M2

Step-by-step explanation: M2 is the most commonly quoted monetary aggregate as it includes all the component of M1 plus assets that are not directly accepted as a means of payment.


M2= Currency Notes and Coins + Checkable deposits + Travelers Checks + Saving Deposits+ Time Deposits + Shares in Mutual Funds+ Money Market Securities

This monetary aggregate includes small denomination time deposits, shares in mutual funds and other money market securities. Thus, it is also called broad money.

User James Goooseling
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