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A New Financial Innovation Results in People Switching Their Funds

question 331

Multiple Choice

A new financial innovation results in people switching their funds from checking deposits to savings accounts. The quantity of M1 ________ and the quantity of M2 ________.


Definitions:

Social Media Platform

Online platforms that enable users to create and share content or to participate in social networking.

Stickiness

The attribute of a website or application that encourages visitors or users to stay longer and engage more deeply with the content.

Repeat Visits

The action of users or customers returning to a website, store, or place more than once, indicative of interest, loyalty, or satisfaction.

Return on Investment

A measure of the profitability of an investment, calculated as net profit divided by the cost of the investment.

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