When a waiter deposits his cash tips in his savings account:
A) there is an increase in M2.
B) there is an increase in M1+.
C) there is no change to monetary aggregates.
D) there is an increase in M3.
Correct Answer:
Verified
Q63: Use the following to answer question :
Q64: Which asset is part of M1+?
A) gold
B)
Q65: The Bank of Canada reports on four
Q66: Which asset was used as money by
Q67: Suppose you transfer $500 from your savings
Q69: If the currency in circulation is $100
Q70: Suppose you transfer $500 from your chequing
Q70: Banks don't lend out all of the
Q72: Which asset is part of M1+?
A) short-term
Q80: Near-moneys are:
A) paper money.
B) fiat money.
C) highly
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