Other things constant, a decrease in credit card balances would _____ M1 and _____ M2.
A) increase; increase
B) not change; increase
C) decrease; decrease
D) not change; not change
E) decrease; not change
Correct Answer:
Verified
Q44: A bank's capital is:
A)the value of all
Q45: In which of the following situations will
Q46: Which of the following generates profits for
Q47: Banks create money by:
A)making loans.
B)offering bonds at
Q48: The ease with which one asset can
Q50: M1 includes:
A)gold.
B)cash, checking account balances, and travelers'
Q51: Which of the following backs the supply
Q52: Which of the following is included in
Q53: M2 includes:
A)M1 plus savings deposits only.
B)M1 plus
Q54: Which of the following is the least
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