Suppose you transfer $500 from your savings account to your chequing account.With this transaction,M1+ _____ and M2 _____.
A) increases;decreases
B) stays the same;stays the same
C) decreases;decreases
D) stays the same;decreases
Correct Answer:
Verified
Q62: Upon confederation in 1867,the Canadian government:
A) stopped
Q63: Use the following to answer question :
Q64: Which asset is part of M1+?
A) gold
B)
Q65: The Bank of Canada reports on four
Q66: Which asset was used as money by
Q68: When a waiter deposits his cash tips
Q69: If the currency in circulation is $100
Q70: Suppose you transfer $500 from your chequing
Q70: Banks don't lend out all of the
Q72: Which asset is part of M1+?
A) short-term
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