Bradley digs out $50 from his cookie jar and deposits it in his checking account.The immediate result of this transaction is that M1 has
A) Not changed.
B) Increased by more than $50.
C) Increased by less than $50.
D) Increased by $50.
Correct Answer:
Verified
Q23: The different components of the money supply
Q24: Which of the following is included in
Q25: Transactions account balances are included in
A)M1 only.
B)M2
Q26: Which of the following is not included
Q27: Traveler's checks are included in which of
Q29: One of the main functions of banks
Q30: Savings accounts are included in
A)M1 only.
B)M2 only.
C)M1
Q31: The various money supply measures (M1 and
Q32: When a bank makes a loan,it
A)Reduces the
Q33: Which of the following is not included
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