Title: Suppose your bank raises its minimum-balance requirement for free checking on checking accounts by $ Post by: johnpaul92 on Jan 30, 2016 Suppose your bank raises its minimum-balance requirement for free checking on checking accounts by $500. You take $500 out of your passbook savings account and put it in your checking account. What is the overall effect on M1 and M2?
A) M1 is unchanged, M2 falls by $500. B) M1 is unchanged, M2 is unchanged. C) M1 rises by $500, M2 is unchanged. D) M1 rises by $500, M2 falls by $500. Title: Re: Suppose your bank raises its minimum-balance requirement for free checking on checking accounts Post by: supaman on Feb 4, 2016 Content hidden
Title: Re: Suppose your bank raises its minimum-balance requirement for free checking on checking accounts by $ Post by: johnpaul92 on Feb 13, 2016 This answers my question, thank you so much
Title: Re: Suppose your bank raises its minimum-balance requirement for free checking on checking accounts by $ Post by: supaman on Feb 14, 2016 Glad to be part of your success ;)
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