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

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

146) If an individual moves money from a (noninstitutional) money market mutual fund to a large-

denomination time deposit account,

(a) M2 decreases and M3 stays the same.

(b) M2 stays the same and M3 increases.

(c) M2 stays the same and M3 stays the same.

(d) M2 increases and M3 decreases.

Answer: A

Question Status: Previous Edition