Multiple Choice
Which of the following would lead to a change in the money measure, M1?
A) a customer purchases music downloads with a debit card
B) a customer withdraws funds from her checking account to purchase a 6-month time deposit
C) depositing a paycheck drawn against Bank of America into your checking account in Wells Fargo Bank
D) interest payments by the Treasury on its debt
Correct Answer:
Verified
Correct Answer:
Verified
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