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Suppose that you want to buy a new car and so you transfer $10 000 of your funds from a fixed term bank account into your demand deposit account. Carefully explain how this affects M1 and M3.
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Mediator
An impartial third party who facilitates a negotiation or conflict resolution process between disputing parties.
Arbitrate
To officially settle a dispute or disagreement between two parties by making a decision as an impartial third party.
Direct Dialogue
A form of communication where parties engage in discussion without intermediaries, focused on clear and immediate exchange.
Third-Party Intervention
The involvement of an external entity in resolving disputes or conflicts between other parties, aiming to facilitate a negotiated solution.
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