If You Transfer All of Your Currency to Your Checking

question 161

Multiple Choice

If you transfer all of your currency to your checking account,then initially,M1 will ________ and M2 will ________.

• A)increase; not change
• B)not change; increase
• C)not change; not change
• D)decrease; increase

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Definitions:

Conscious Memory

The ability to recall and recognize information and past experiences that one can consciously acknowledge and describe.

Schemas Associated

Mental structures that represent aspects of the world and influence understanding, recognition, and recall by organizing information.

Chinese Language

A group of languages used in China, of which Mandarin is the most widely spoken variety.

Accommodation

In psychology, the process by which individuals adjust their mental frameworks to incorporate new information; in eyesight, the eye's ability to focus on objects at various distances.