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| Teaching Since: | Jul 2017 |
| Last Sign in: | 398 Weeks Ago, 4 Days Ago |
| Questions Answered: | 5023 |
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The questions are in the word doc most are conceptual I would like some explanations for the answers given thanks.
Question 11 pts When a consumer withdraws $200 from her savings account and deposits the $200 into her checking account, M1 increases by $200 and M2 remains unchanged.
M1 and M2 both fall by $200.
M1 is inchanged but M2 decreases bu $200.
M1 and M2 both increase by $200. Flag this Question Question 21 pts
The demand for real money balances is a decreasing function of real income
housing prices
the term spread
the nominal interest rate. Flag this Question Question 31 pts
The demand for real money balances is an increasing function of the nominal interest rate.
the overall level of prices in the economy.
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