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Author Question: A new financial innovation results in people switching their funds from checking deposits to savings ... (Read 136 times)

yoooooman

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on: Jun 29, 2018
A new financial innovation results in people switching their funds from checking deposits to savings accounts. The quantity of M1 ________ and the quantity of M2 ________.
 
  A) decreases; decreases
  B) increases; decreases
  C) decreases; does not change
  D) decreases; increases

Question 2

All of the following are sources of loanable funds EXCEPT
 
  A) business investment.
  B) private saving.
  C) government budget surplus.
  D) international borrowing.


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scottmt

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


yoooooman

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

ricroger

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Reply 3 on: Yesterday
Excellent

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