Business
Business, 30.09.2019 22:20, nocomprendoplshelp

Which of the following statements about the monetary aggregates is truetrue? a. when the growth rate of upper m 2 increases comma the growth rate of upper m 1 must also increase. when the growth rate of m2 increases, the growth rate of m1 must also increase. b. m1 is greatergreater than m2. c. the growth rates of m1 and m2 alwaysalways track each other closely. d. when you transfer funds from your savings account to your checking account comma upper m 1 increases and upper m 2 stays the same. when you transfer funds from your savings account to your checking account, m1 increases and m2 stays the same. given that, in billions of u. s. dollars, we have 963.2963.2 in currency, 453.5453.5 in demand deposits, 3.33.3 in traveler's checks, 5237.85237.8 in savings deposits, and 439439 in other checkable deposits. the total m1 amount in this economy is $nothing. (round your answer to the nearest one-decimal place).

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