Maurice Tutor

(5)

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 06 Nov 2017 My Price 5.00

demand for M1

All else being equal, how would each of the following affect the demand for M1? The demand for M2? Explain.

a. The maximum number of checks per month that can be written on money market mutual funds and money market deposit accounts is raised from three to thirty.

b. Home equity lines of credit that allow homeowners to write checks against the value of their homes are introduced.

c. The stock market crashes, and further sharp declines in the market are widely feared.

d. Banks introduce overdraft protection, under which funds are automatically transferred from savings to checking as needed to cover checks.

e. A crackdown reduces the illegal drug trade (which is carried out largely in currency).

 

Answers

Maurice Tutor
(5)
Status NEW Posted 06 Nov 2017 11:11 PM My Price 5.00

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