John and Jane Decide to Go on a Vacation

question 441

Multiple Choice

John and Jane decide to go on a vacation. As a result, they withdraw $2,500 from their savings account to purchase $2,500 worth of traveler's checks. As a result of these changes,

• A) M1 increases by $2,500 and M2 decrease by $2,500.
• B) M1 increases by $2,500 and M2 stays the same.
• C) M1 and M2 stay the same.
• D) M1 decreases by $2,500 and M2 increases by $2,500.

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Definitions:

Triglycerides

A type of fat (lipid) found in your blood, used by the body for energy but high levels can increase the risk of heart disease.

Glycerol

A simple polyol compound that serves as a building block for lipids and can be converted into glucose by the liver.

Fatty Acids

Long chains of hydrocarbon molecules that are components of fats and oils, important in diet and metabolism.

Disaccharide

Condensation product of two monosaccharides by the elimination of water.