If a person moves $1,000 from a small-denomination time deposit to a demand deposit account, Select one: O Ml increases and M2 decreases. M1 decreases and M2 stays the same. O M1 stays the same and M2 increases. O M1 increases and M2 stays the same.

If a person moves $1,000 from a small-denomination time deposit to a demand deposit account, Select one: O Ml increases and M2 decreases. M1 decreases and M2 stays the same. O M1 stays the same and M2 increases. O M1 increases and M2 stays the same.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter18: Money And The Federal Reserve System

Section: Chapter Questions

Problem 17SQ

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Question

If a person moves $1,000 from a small-denomination time deposit to a demand deposit account,
Select one:
O Ml increases and M2 decreases.
M1 decreases and M2 stays the same.
M1 stays the same and M2 increases.
O Ml increases and M2 stays the same.

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Ali transfers 1000 dollars from his checking account to his savings account. This transactionwilla) decrease both M1 and M2.b) not change M1 and decrease M2.c) decrease M1 and not change M2.d) increase both M1 and M2.
If you take $100 out of your piggy bank and deposit it in your checking account, how did M1 change? Did M2 change?
If you have kept savings in a retail money market fund, and you withdraw funds that are then deposited in your checking account, which of the following is true? Both M1 and M2 decrease. Both M1 and M2 increase. M1 stays the same and M2 increases. O M1 increases and M2 stays the same.
Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example M1 M2 Clancy has a roll of quarters that he just withdrew from the bank to do laundry. Hubert has $2,000 in a savings account. Kate has $6,000 in a six-month certificate of deposit (CD).
Karen transfers $500 from her saving account to her checking account. This transaction will Group of answer choices not change M1 and decrease M2. increase M1 and not change M2. increase both M1 and M2. decrease both M1 and M2.
Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example Charles has $3,000 in a savings account. Juanita has $8,000 in a two-year certificate of deposit (CD). Gilberto has $25,000 in a money market account. M1 ✓ H H M2 ✓
Question 2 Jaime transfers $2,500 from his checking account to his savings account. This transaction will Select one: a. decrease both M1 and M2. b. increase both M1 and M2. C. decrease M1 and not change M2. d. not change M1 and decrease M2.
Your answer is incorrect. The economy of Greatstown currently has $60.00 million worth of currency in circulation, $2.00 million worth of traveler's checks, $5.00 million in small time-deposits, and $30.00 million in savings deposits. Total M1 is equal to $120.00 million. Calculate the amount of checkable deposits in Greatstown: 58000000
Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example Kyoko has $6,000 in a six-month certificate of deposit (CD). Jacques has $2,000 in a savings account. Darnell has a roll of quarters that he just withdrew from the bank to do laundry. M1 00 M2 U D
Calculate M2 if M1 is $3600 million and the Savings deposit with post office Savings bank is $5000 million
If you take $100 out of your piggy bank at home and deposit it into your checking account, how did the value of M1 change? How did the value of M2 change as a result of your deposit?
QUESTION 19 If an individual moves money from a savings account to a checking account M1 increases and M2 decreases. M1 increases and M2 stays the same. M1 stays the same and M2 stays the same. M1 stays the same and M2 decreases