If Jennifer withdraws $750 from her savings account and deposits it in her checking account, then M1 will ________ and M2 will ________

A middle-ground exchange rate regime, between fixed and floating, is NOT called:

a. a managed float. b. a dirty float. c. limited flexibility. d. a free float.

Suppose a share of stock is expected to pay an annual dividend of $12 forever. At a discount rate of 9.4 percent, the share's market price should be

A) $12.77. B) $13.13. C) $112.80. D) $127.66.