contestada

Suppose you transfer $500 from your savings account to your checking account. With this transaction, M1 _____ and M2 _____. decreases; decreases increases; stays the same increases; decreases stays the same; decreases

Respuesta :

Tundexi

The M1 decreases and M2 stays the same as one transfer $500 from your savings account to your checking account.

What is M1 & M2?

  • The M1 means the most liquid money that comprised of the currency, traveler’s check, and checking account deposits.

  • The M2 is broader measure of Ms although it is has a less liquid measure compared to M1 and consists of currency, traveler’s checks, checking deposits, savings accounts, money market mutual funds etc

Read more about money supply

brainly.com/question/3625390

#SPJ1

Otras preguntas