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Author Question: Which of the following would be counted as part of M1? (Read 44 times)

Marty

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Question 1

Otis transfers $200 from his savings account to his money market fund. This transaction will


◦ decrease M2 and increase M1.
◦ decrease both M1 and M2.
◦ decrease M1 and increase M2.
◦ leave M1 and M2 unchanged.

Question 2

Which of the following would be counted as part of M1?


◦ demand deposits
◦ small time deposits
◦ money market accounts
◦ large time deposits


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Marked as best answer by Marty on Apr 19, 2019

uniquea123

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Marty

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uniquea123

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