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Question: ted mosby receives 95000 after his certificate deposit time deposit...

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Ted Mosby receives $95,000 after his certificate deposit (time deposit) with Goliath National Bank (GNB) matures. He also receives another $400,000 after selling the shares of Prime Reserve fund, a money market mutual fund. At the same time, he also receives $100,000 after selling his Microsoft shares in the stock market. He uses these receipts in the following way: he uses $50,000 to buy treasury bills. He invests $100,000 in google shares. He deposits $30,000 and $50,000 to his checking and saving accounts, respectively. He then buys two certificate deposits (time deposits) worth of $75,000 and $125,000, respectively. He deposits $120,000 in a money market deposit account with GNB. Finally, he keeps $45,000 in the locker of his home. How will these transactions affect M1 and M2? (To receive full credits, please write the definition/formulas for M1 and M2, and explain how each of these tran sactions influence M1 and M2)

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