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Determine if the following actions affect the size of M1 and/or M2. Items (6 items) (Drag and drop into the appropriate area below) Michelle sells Barbara closes out her $5,000 time deposit and gets cash. Hillary writes a $25,000 check to buy shares of stock in GE. Melania uses some cash to buy traveler's checks. Nancy transfers $10,000 from her checking account to her savings Laura writes a check to pay off her credit cards. some Exxon stock to buy U.S. bonds. account.

Determine if the following actions affect the size of M1 and/or M2. Items (6 items) (Drag and drop into the appropriate area below) Michelle sells Barbara closes out her $5,000 time deposit and gets cash. Hillary writes a $25,000 check to buy shares of stock in GE. Melania uses some cash to buy traveler's checks. Nancy transfers $10,000 from her checking account to her savings Laura writes a check to pay off her credit cards. some Exxon stock to buy U.S. bonds. account.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Determine if the following actions affect the size of M1 and/or M2. Items (6 items) (Drag and drop into the appropriate area below) Barbara closes out her $5,000 time deposit and gets cash. Melania uses Nancy transfers $10,000 from her Michelle sells some Exxon stock to buy U.S. Hillary writes a $25,000 check to buy shares of stock in GE. Laura writes a check to pay off her credit cards. some cash to buy traveler's checks. checking account to her savings bonds. account.
Transcribed Image Text:Determine if the following actions affect the size of M1 and/or M2. Items (6 items) (Drag and drop into the appropriate area below) Barbara closes out her $5,000 time deposit and gets cash. Melania uses Nancy transfers $10,000 from her Michelle sells some Exxon stock to buy U.S. Hillary writes a $25,000 check to buy shares of stock in GE. Laura writes a check to pay off her credit cards. some cash to buy traveler's checks. checking account to her savings bonds. account.
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