Carter's $150,000 CD matures and he deposits the funds into his checking account so he can buy a house.The total effect is that M1____ and M2____ .
A) is unchanged; falls by $150,000
B) rises by $150,000; is unchanged
C) rises by $150,000; falls by $150,000
D) rises by $150,000; rises by $150,000
Correct Answer:
Verified
Q36: Another name for commodity money is
A)fiat money.
B)glitter
Q37: The Fed measures the money supply following
Q38: Money that is created in the private
Q39: U.S.currency is currently
A)representative money.
B)full-bodied money.
C)inside money.
D)fiat money.
Q40: Which of the following monetary assets is
Q42: Under the fiat money system, the revenue
Q43: In the United States, coins are produced
Q44: M2 consists of
A)amounts in savings accounts, money-market
Q45: The new coin introduced in 2000, which
Q46: The reason why people are putting more
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