Due to New Methods of Electronically Transferring Assets from Savings

question 194

Multiple Choice

Due to new methods of electronically transferring assets from savings accounts to checking accounts, many economists favor moving savings accounts from

• A)M1 into M2.
• B)M2 into M3.
• C)M3 into M2.
• D)M2 into M1.

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Definitions:

Systematic Account

An organized method or approach to recording financial transactions or accounts that follow a consistent procedure.

Outcomes

The results or effects that stem from certain actions, processes, or behaviors.

Sales-Cost Ratio

A metric used to evaluate the effectiveness of sales efforts by comparing the cost of achieving sales to the amount of sales generated.

Overnight Trips

Short travel or journeys that involve staying away from home for one night, often for business or leisure purposes.