John Antonio transfers $5000 from his checking account to his savings account. How are M1 and M2 affected by this decision?    a.M1 increases and M2 decreases b.M1 and M2 remain the same c.M1 decreases and M1 increases d.M1 increases and M2 increases e.M1 decreases and M2 decreases

If Bank A's total reserves are $10.8 million, its excess reserves are $4.60 million, and the required reserve ratio is 4%, then Bank A's required reserves equal and its total deposits equal $6.2 million; $105 million $6.6 million; $165 million O $6.6 million; $270 million O $6.1 million; $122 million $6.2 million; $155 million

Calculate the value of M2 if M1 is $140,000 and the value of savings with post office saving bank is $8000 million

Part 3 - Practice- For each scenario, identify how the action will immediately affect M1, M2, and the monetary base. Indicate if each will increase (Inc), decrease (Dec), or not change (NC).     Scenario M1 M2 Monetary base 19. Marc transfers $500 from his savings to his checking account 20. Cynthia deposits $200 cash into her savings account     21. Joffrey burns a $100 bill to impress a girl (don’t do this—it’s illegal and she won’t be impressed) 22. A bank uses $1,000 of its reserves to make a cash loan 23. A bank sells the Federal Reserve $10,000 worth of treasury bonds. The bank receives $10,000 as excess reserves in exchange for the bonds 24. A business transfers $20,000 from a money market account to their checking account 25. Maria withdraws $250 cash from her checking account out of an ATM machine

If Brent uses his credit card to purchase a new television, then the money to pay the retailer is taken from: a) the credit card company's M1 funds. b) his M1 funds. c) his M2 funds. d) the credit card company & M2 funds.

Time deposits of $300,000 or more are:  Group of answer choices a component of M1. a component of M1 but not of M2. not a component of M1 or M2. a component of M2 but not of M1.

Suppose you transfer the balance of your savings account at your credit union to your chequing account at your bank. How would this transfer of money affect M2 and M2+? Select one: M2 would increase and M2+ would fall. O b. M2 would inerease and M2+ would stay the same. Oc There would be no change in either M2 or M2+ d. Both M2 and M2+ would fall Clear my choice

Calculate M2 if in the Economy is M1 is $10,000 million and Savings deposit with post office is $7700 million

James purchases a $20,000 6-month certificate of deposit. Is this counted in M1 only, M2 only, M1 and M2, or neither? OA. Neither M1 nor M2. OB. M1 and M2. OC. M2 only. OD. M1 only.

Describe the three stages of Money Laundering