Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a business owner converts a small certificate of deposit to its Money Market Mutual Fund, then: Group of answer choices we cannot predict the

If a business owner converts a small certificate of deposit to its Money Market Mutual Fund, then:

Group of answer choices

we cannot predict the impact on M2, but M1 definitely drops.

M1 will decrease and M2 will stay the same.

M1 and M2 will stay the same.

M1 will decrease and M2 will increase.

M1 and M2 will increase.

M2 will increase and M1 will stay the same.

According to a recent Wall Street Journal article on where U.S. workers are quitting jobs at record rates:

Group of answer choices

the wave of resignations has actually been quite uniform across the country.

many of the western states have a relatively high concentration of jobs in educational services.

states in the West, including Hawaii, Montana, Utah and Oregon, saw the largest growth in quits in September.

New York has the nation's biggest share of employment in the arts, entertainment and recreation sector, which includes jobs at museums, theaters and amusement parks; the state logged the second-fastestincrease in quits in the U.S. in September.

Hawaii had the slowest growth in quits in September.

all of the listed statements are inaccurate.

If the Fed injects $10 billion into the economy and the reserve requirement is 12.5 percent then the money supply can expand by maximally:

Group of answer choices

$80 billion.

$16 billion.

$62.25 billion.

$25 billion.

$250 billion.

$40 billion.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sociology Of Economic Innovation

Authors: Francesco Ramella

1st Edition

1317621344, 9781317621348

More Books

Students also viewed these Economics questions

Question

Why would a person fear success?

Answered: 1 week ago