Problem
How has the nature of the M1 money supply changed in recent years? How have these changes influenced the usefulness of Ml as an indicator of monetary policy? Why do many analysts prefer to use M2 rather than M1 when comparing the monetary policy of the 1990s with that of earlier periods?
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.