Haley sells a share of stock and deposits the proceeds into her saving account at a bank. a. Her assets as M1- increases, decreases, or stays the same b. Her assets as M2 -increases, decreases, or stays the same c. Reserves at her bank- increases, decreases, or stays the same

Haley sells a share of stock and deposits the proceeds into her saving account at a bank. a. Her assets as M1- increases, decreases, or stays the same b. Her assets as M2 -increases, decreases, or stays the same c. Reserves at her bank- increases, decreases, or stays the same

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter14: Banking And The Money Supply

Section: Chapter Questions

Problem 2.3P

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Question

Haley sells a share of stock and deposits the proceeds into her saving account at a bank.

a. Her assets as M1- increases, decreases, or stays the same

b. Her assets as M2 -increases, decreases, or stays the same

c. Reserves at her bank- increases, decreases, or stays the same

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