A partial ownership in the corporation.
Answer:
Administrative Law
Explanation:
Administrative Law are the norms and rules that the government agencies and companies that interact with them must follow
Answer:
a M1 would not change.
Explanation:
the checkable deposits are part of M1 as well as the currency and coins. Therefore, a component of M1 decrease (currency) while another of M1 (checkable deposits) increase.
As the banking system works with a 100-percent required reserve there is no multiplier effect from the deposit therefore M1 do not change.