If an individual moves money from a money market deposit account to currency
A) M1 increases and M2 stays the same.
B) M1 stays the same and M2 increases.
C) M1 stays the same and M2 stays the same.
D) M1 increases and M2 decreases.
A
You might also like to view...
An example of a social insurance program offered in the United States is:
A. Police and Firefighters. B. Social Security. C. Progressive taxation. D. All of these are examples of social insurance programs.
List the major reasons, other than to stimulate the economy, that the government spends money. Provide a rationale for each of these types of expenditures
The Laffer curve shows the relationship between tax
a. revenue and tax rates b. revenue and take-home pay c. revenue and government spending d. rates and take-home pay e. rates and government spending
If Sara can produce 25 muffins for a total cost of $15, but her production process is subject to increasing marginal costs, which of the following could be the total cost of producing 100 muffins?
A. $15 B. $17.50 C. $80 D. $60