Please answer fast please help arjent When you pay your tuition fees by transferring money from your chequing account at TD bank to theuníversity's savings account at the Bank of Montreal, what will be the impact on the banking system?Select one:O a. Both M2 and M2+ will decrease.cross outO b. M2 will decrease, and M2+ will rise.cross outO c. M2 will increase, and M2+ will fall.cross outO d. Both M2 and M2+ will increase.cross outO e. None of the abovecross out

In an economy, M2 money supply include the liquid money as well as near money instruments like…

When you pay your tuition fees by transferring money from your chequing account at TD bank to the niversity's savings account at the Bank of Montreal, what will be the impact on the banking system? elect one: O a. Both M2 and M2+ will decrease. cross out O b. M2 will decrease, and M2+ will rise. cross out O c. M2 will increase, and M2+ will fall. cross out O d. Both M2 and M2+ will increase. cross out O e. None of the above cross out

When you pay your tuition fees by transferring money from your chequing account at TD bank to the niversity's savings account at the Bank of Montreal, what will be the impact on the banking system? elect one: O a. Both M2 and M2+ will decrease. cross out O b. M2 will decrease, and M2+ will rise. cross out O c. M2 will increase, and M2+ will fall. cross out O d. Both M2 and M2+ will increase. cross out O e. None of the above cross out

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter11: The Monetary System

Section: Chapter Questions

Problem 5PA

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Similar questions

If you take 100 out of your piggy bank and deposit it in your checking account, how did M1 change? Did M2 change?
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QUESTIONS 1 Jane Doe has the following assets: $100 in her wallet $800 in her demand deposit account $1,000 in her savings account A $50 traveler’s check from her last trip to China A $300 outstanding credit card bill A car worth $5,000 A house worth $200,000 Identify which of the assets are included in M1, which are in M2, or neither M1 nor M2. ii) Suppose she takes $400 for her demand deposit account and deposits it in her savings account. What is the change in M1 and M2? b) Many savers choose to hold their funds at a financial intermediary instead of lending them directly in financial markets. Explain TWO (2) reasons why financial…
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