Suppose You Find a $50 Bill That You Put in a Coat

question 312

Multiple Choice

Suppose you find a $50 bill that you put in a coat pocket last winter.If you deposit it in your chequing account:

• A) M1+ increases by $50.
• B) M2 increases by $50.
• C) M1+ and M2 both increase by $50.
• D) there is no change in M1+ or M2.

---

Definitions:

Tenochtitlan

The capital city of the Aztec empire, founded in 1325, known for its complex social, military, and religious structures; located in what is now Mexico City.

Native Americans

The indigenous peoples of the United States, including American Indians, Alaska Natives, and Native Hawaiians.

Diverse Array

A term used to describe a wide variety or selection of different items or elements.

Native American Groups

Indigenous peoples in the United States, each with their own distinct cultures, histories, and governments before European colonization.