If the M2 multiplier is currently 8 and people decide to increase the ratio of currency they hold relative to the amount of transactions accounts they hold, the M2 multiplier will

A. not change.
B. increase substantially.
C. decrease.
D. increase slightly.


Answer: C

Business

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Persuading the target of influence that complying will advance his career is known as ______.

A. apprising B. consultation C. inspirational D. rational

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What advantages do industrial distributors offer? What are some of the disadvantages of using industrial distributors?

What will be an ideal response?

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Liberty Bank provides Michelle with a standard mortgage with an unchanging rate of interest to buy a home. Payments on the loan remain the same for the duration of the mortgage. This is

A. a fixed-rate mortgage. B. an adjustable-rate mortgage. C. an interest-only mortgage. D. a violation of the law.

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Assume you just bought a new home and now have a mortgage on the home. The amount of the principal is $150,000, the loan is at 5% APR, and the monthly payments are spread out over 30 years

What is the loan payment? Use a calculator to determine your answer. A) $798.95 B) $805.23 C) $850.32 D) $903.47

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