In the U. S. economic system, the amount of money in circulation outside the U. S. Treasury and Federal Reserve, plus the amount held in savings accounts
and easily accessible investments, is known as
O A. M1
B. M3
O C. M2
O D. M4

What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.