If you put $500 into a checking account, the immediate effect (do not consider the money multiplier which we will study in the next chapter) is:

a. M1 rises, M2 falls, and the monetary base remains the same.
b. M1 falls, M2 falls, and the monetary base remains the same.
c. M1 rises, M2 rises, and the monetary base remains the same.
d. M1, M2, and the monetary base fall.
e. M1, M2, and the monetary base remain the same.

.E

Economics

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The value attributed to the land is the total estimated value of the property, assuming its highest and best (ideal) use, less the estimated value of the ______________

Fill in the blank(s) with the appropriate word(s).

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What will be an ideal response?

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