Answer:
She would have to spend $168
Explanation:
Step one:
Divide 28 by 8 to find out how much one individual notebook costs.
28/8 = $3.50
$3.50(a)
a = amount of notebooks bought
Now multiply it by how many she buys
$3.50(48) = $168
This means she spend $168 on 48 notebooks.
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>
Ain’t no way my boy
https://youtu.be/BiPMS1dqPMM