Answer:
boil water, put packet of oatmeal into a bowl and then when the water boils a pour some of it into the oatmeal
M1 includes cash and checking deposits.
M2<span> includes all elements of M1 as well as "near money (savings deposits, money market securities, mutual funds, and other time deposits)</span>
In our example, M1=100 is transferred to M2.
<span>When you withdraw $100 from checking account and put it in your savings account, the following are true:
A. M1 decreases by $100.
B. M2 increases by $100.
C. M1 decreases by $100 and M2 increases by $100.
E. there is no immediate change in the money supply.</span>
<span>While D. M2 decreases by $100 and M1 increases by $100 is not true.</span>
Answer:
d. Breadth
Explanation:
The two have what might be described as a narrow range of discussion topics. That is, their discussions do not have much breadth.
