A conversion of checking account balances into savings account balances would ____ M1 and ____ M2.
A) increase; increase.
B) not change; increase.
C) decrease; decrease.
D) not change; decrease.
E) decrease; not change.
Correct Answer:
Verified
Q41: A decrease in credit card balances would
Q44: M2 equals M1 plus:
A)federal reserve.
B)fixed assets.
C)near moneys.
D)currency
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
Q50: An increase in currency in circulation would
Q52: Which of the following is the best
Q56: Which of the following is not included
Q74: A gold standard is:
A)a measurement of the
Q87: Which of the following observations concerning money
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