IF AN INDIVIDUAL MOVES MONEY FROM A (NONINSTITUTIONAL) MONEY MARK...

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

143) If an individual moves money from a (noninstitutional) money market mutual fund to a savings

deposit account,

(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.

Answer: C

Question Status: Previous Edition