If Rob deposits $300 in currency into his savings account at Bank of America,

A) M1 decreases.
B) M1 does not change.
C) M2 increases.
D) M2 decreases.
E) M1 and M2 both increase.

A

Economics

You might also like to view...

Explain how a market helps determine which goods and services will be produced, how to produce them, and who gets them

What will be an ideal response?

Economics

In the United States, a patent lasts

A) 7 years. B) 14 years. C) 20 years. D) forever.

Economics