Question
If households in the economy decide to take money out of demand deposit accounts and put this money intolong-term savingsaccounts, thiswill: A. decrease M1 and
If households in the economy decide to take money out of demand deposit accounts and put this money intolong-term savingsaccounts, thiswill:
A.
decrease M1 and not change M3.
B.
decrease M1 and increase broad money.
C.
decrease M1 and increase M3.
D.
increase M1 and decrease M3.
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
