If a person takes $100 from his/her piggy bank at home and puts it in his/her savings account,then M1 will ________ and M2 will ________.
A) increase; increase
B) not change; increase
C) decrease; increase
D) decrease; not change
E) increase; decrease
Correct Answer:
Verified
Q66: A person's wealth
A)is a measure of how
Q67: Credit card balances are
A)part of M1.
B)part of
Q68: Most payments in the United States for
Q69: M1 includes
A)currency in circulation,checking account deposits in
Q70: In the United States,currency includes
A)gold,silver,and paper money.
B)checking
Q72: If households in the economy decide to
Q73: If you transfer all of your currency
Q74: You earn $500 a month,currently have $200
Q75: The narrowest official definition of the money
Q76: If households and firms decide to hold
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