Author Question: Credit cards are NOT a part of the M1 or M2 money supply. Indicate whether the statement is true ... (Read 74 times)

K@ · **on:** Jun 30, 2018

Credit cards are NOT a part of the M1 or M2 money supply.

Indicate whether the statement is true or false

Question 2

Which of the following is likely to happen to the demand curve for reserves if the federal funds rate increases?

A) The demand curve for reserves will shift to the right.
B) The demand curve for reserves will shift to the left.
C) There will be an upward movement along the demand curve for reserves.
D) There will be a downward movement along the demand curve for reserves.