Use the Following to Answer Questions

question 155

Multiple Choice

Use the following to answer questions.
Exhibit: Money in the Economy

-(Exhibit: Money in the Economy) In Year 2, if savings deposits had been $250 billion instead of $200 billion, M2 would have been

• A) $575 billion.
• B) larger by $50 billion.
• C) smaller by $50 billion.
• D) unaffected.

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Definitions:

Order Specification

Detailed information provided by customers regarding the requirements, characteristics, and quantities of the products they wish to purchase.

Prices

The amount of money required to purchase goods or services.

Delivery Dates

The specific days on which products or services are scheduled to be delivered to the customer.

Need Recognition

The initial stage in the buying process where a consumer identifies a need or problem that requires a solution.