Multiple Choice
If a person withdraws $500 from his/her savings account and puts it in his/her checking account,then M1 will ________ and M2 will ________.
A) increase; decrease
B) increase; not change
C) not change; increase
D) not change; decrease
E) not change; not change
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q211: According to the quantity theory of money,if
Q212: Which of the following is an asset
Q213: If the required reserve ratio is 10
Q214: Your checking account balance is included in
Q215: A farm worker gets paid today in
Q217: When banks gain _,they can _ their
Q218: Which of the following is not counted
Q219: Suppose a bank has $100 million in
Q220: Bank panics have largely disappeared in the
Q221: In an economy with money,as opposed to