An increase in currency in circulation would ____ M1 and ____ M2.
A) increase; increase.
B) not change; increase.
C) decrease; decrease.
D) not change; decrease.
E) not change; not change.
Correct Answer:
Verified
Q45: A conversion of checking account balances into
Q47: An increase in demand deposits would _
Q48: Gresham's Law states that:
A)"There's no such thing
Q49: M1 includes:
A)cash and travelers' checks.
B)cash, checking account
Q51: Which of the following assets is most
Q52: The difference between M1 and M2 is
Q56: Which of the following is not included
Q176: Other things being equal, if you took
Q179: Other things being equal, if you took
Q218: Credit card balances are:
A)included in both M1
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