24) If households in the economy decide to take money out of savings accounts and put this...
Fantastic news! We've Found the answer you've been seeking!
Question:
24) If households in the economy decide to take money out of savings accounts and put this money into checking accounts this will
A) not change M1 and not change M2.
B) decrease M1 and not change M2.
C) increase M1 and decrease M2.
D) increase M1 and increase M2.
E) None of the above is correct
Related Book For
Personal Finance An Integrated Planning Approach
ISBN: 978-0136063032
8th edition
Authors: Ralph R Frasca
Posted Date: