Freema Withdraws $1,000 from Her Checking Account to Purchase a $1,000

question 23

Multiple Choice

Freema withdraws $1,000 from her checking account to purchase a $1,000 time-deposit.
As a result of her transaction,

• A) M1 and M2 decrease.
• B) M1 decreases and M2 increases.
• C) M1 decreases and M2 is unaffected.
• D) M1 and M2 are unaffected.

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Definitions:

Diversity Benefits

The advantages gained from incorporating a wide range of cultural, ethnic, gender, and other distinct characteristics into a group or organization.

Organisation

A structured group of people working together towards common goals, often within an established framework of roles and responsibilities.

Diversity-Mature

An organizational state or condition where diversity is fully integrated, embraced, and leveraged for competitive advantage, indicating a high level of maturity in managing and valuing diversity.

Personal Responsibility

The accountability individuals have for their actions and decisions, recognizing the impact they have on themselves and others.