IF AN INDIVIDUAL MOVES MONEY FROM CURRENCY TO A DEMAND DEPOSIT AC...

145) - TEST BANK CHAPTER 3 WHAT IS MONEY? TÀI CHÍNH TIỀN TỆ
TEST BANK CHAPTER 3 WHAT IS MONEY? TÀI CHÍNH TIỀN TỆ

145) If an individual moves money from currency to a demand deposit account,

(a) M1 decreases 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 stays the same.

Answer: C

Question Status: Previous Edition