IF AN INDIVIDUAL MOVES MONEY FROM CURRENCY TO A MONEY MARKET DEPO...

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

144) If an individual moves money from currency to a money market 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 decreases.

Answer: A

Question Status: Previous Edition