What is the effect on the money supply when you transfer $150,000 from your checking account to your savings account?
Decrease M1; increase M2
Decrease M2; increase M3
No effect on M1; increase M2
No effect on M2; increase M3
Decrease M2; no effect on M3
I think the answer is that there will be no effect on m2 and a decrease in m1 because m2 includes checking account and savings account, which means no change. m1 only includes checking account in this case.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more