« previous next »

Author Question: A decrease in currency in circulation combined with an equal increase in savings account deposits ... (Read 51 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
A decrease in currency in circulation combined with an equal increase in savings account deposits would:
 a. increase both M1 and M2.
 b. increase M1 but have no effect on M2.
  c. decrease both M1 and M2.
 d. decrease M1 but have no effect on M2.

Question 2

The sale of U.S. currency and purchase of foreign currency by the Federal Reserve would shift the demand curve for U.S. dollars to the left.
 a. True
  b. False
  Indicate whether the statement is true or false


mohan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

combined-cycle power plant combined-cycle power plant
Convective circulation Convective circulation
Systemic Circulation Systemic Circulation
Heart Valves and Circulation of Blood Heart Valves and Circulation of Blood
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Virtual Tour of the Eye Animation

For a complete list of videos, visit our video library