Susan just sold her text books for $200 cash and deposited the cash she received in her checking account.This transaction has
A) increased the quantity of M1.
B) decreased the quantity of M1.
C) increased the quantity of M2.
D) not changed either M1 or M2.
E) decreased the quantity of M2.
Correct Answer:
Verified
Q62: Q65: If currency outside of banks is $800 Q68: Which of the following are included in Q76: If we look at the components of Q81: A commercial bank is defined as Q82: If someone buries money in a tin Q88: _ like a check and _ considered Q89: If currency outside of banks is $800 Q90: Which statement is most correct about the Q100: Which of the following is NOT a
A)any institution
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