If a bank lends funds in the form of cash, then:
a. M1 and M2 do not change.
b. M2 stays the same, but M1 rises.
c. M2 stays the same, but M1 falls.
d. M2 rises, and M1 falls.
e. M1 and M2 rise.
.E
You might also like to view...
The demand curve for Widgets is given by QD = 6000 - 2y - 200p + 30pG, where QD is the quantity of widgets demanded, y is the per capita income and pG is the price of Gizmos. An increase in per capita income will cause
A) demand shifts left. B) demand shifts right. C) demand increases. D) movement along the demand curve.
Which of the following tools of commercial policy acts as a quantitative restriction on imports?
a. Tariff b. Subsidy c. Health and Safety regulations d. Quota e. Government procurement
Which of the following about demand is true?
a. The height of the demand curve for a product at a given quantity represents the marginal value derived by the consumption of that unit. b. The height of the demand curve for a product at a given quantity reflects the total value consumers derive from all units of the good consumed. c. The total area above the demand curve for a product is equal to consumer surplus. d. At every quantity, the height of the demand curve for a product represents the cost of producing that unit.
When output is 50, fixed costs are $1,000, and variable costs are $2,000, what is the average total cost?
A. $20 B. $60 C. $40 D. $80