When M1 Is Expanded to M2, the Money Supply

question 68

Multiple Choice

When M1 is expanded to M2, the money supply:

• A) almost doubles.
• B) more than triples.
• C) goes up tenfold in size.
• D) changes very little.
• E) goes up by 50 percent.

---

Definitions:

Typography

The art or procedure of arranging type or processing data and printing from it.

Contract Law

The branch of legal study that deals with agreements between parties, their rights, and obligations.

Introduction

An initial section of a document or speech that outlines the purpose and objectives.

Logical Locations

Strategic placement of elements or information in a way that follows a clear and understandable order or rationale.