If You Transfer the Balance of Your Savings Account at Your

question 70

Multiple Choice

If you transfer the balance of your savings account at your credit union to your chequing account at your bank,how would this affect M2 and M2+?

• A)M2+ would fall and M2 would rise.
• B)M2+ would fall and M2 would stay the same.
• C)Both M2 and M2+ would fall.
• D)There would be no change in either M2 or M2+.

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Definitions:

Employment Status

A classification of an individual's work situation, such as employed, unemployed, or retired.

Graduation

In statistics, it may refer to the process of smoothing or adjusting data, often used in actuarial science for mortality rates or other demographic models.

Employment Status

Refers to the classification of an individual's current work situation, such as full-time employed, part-time employed, unemployed, or self-employed.

College GPA

The average of a college student's academic grades, typically on a scale from 0.0 to 4.0.