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Author Question: Which of these transactions results in an increase in M2? A) certificate of deposit matures, ... (Read 48 times)

fahad

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on: Jun 30, 2018
Which of these transactions results in an increase in M2?
 
  A) certificate of deposit matures, adding 520 to your checking account
  B) withdrawal of 100 cash from your checking account
  C) depositing a bank loan of 400 into your savings account
  D) depositing a 300 paycheck into your savings account
  E) none of the above

Question 2

In the (consumption,leisure) space, indifference curves as we have assumed them have the property of presenting the highest levels of satisfaction
 
  A) in the north-east corner.
  B) in the south-east corner.
  C) in the north-west corner.
  D) in the south-west corner.


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LVPMS

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


fahad

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

sultansheikh

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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