9-point question 3Indicate the specific net effect on M1 and M2 (increase, decrease, no change) due to each of the following events. Consider each lettered event to be independent of the others. a) You take the $2,500 out of the shoe box in your closet and use it to pay off your car loan with the bank.  M1:          M2: b) Higher market interest rates cause the public to move $125b from their checking accounts to their money market deposit accounts.  M1:           M2: c) Decreased default risk causes banks to have a net increase in their lending of $325b this year.  M1:          M2: d) The Federal Reserve purchases $22b in U.S. Treasury instruments from commercial banks.  M1:          M2: e) An individual in the United States receives $25,000 cash (in $100 bills) from a Mexican drug lord for successfully transporting illegal drugs across the border from Mexico to the United States. She deposits the cash into her savings account.  M1:          M2: f)  You redeem a personal CD and deposit the funds in your checking account.  M1:          M2:

9-point question 4Explain the major functions performed by financial intermediaries (i.e. why do they exist) as described in the lecture and textbook. Be sure to include the problems they must address.

Best practice states that all of the following items remain sterile until the patient leaves the room EXCEPT the:

18-point question 1Using the following information for a U.S. state:         Nominal GDP                 Real GDP                           Population                         Year         (millions)                        (millions 2009 $’s)                                            1,151,119                       1,421,713                           32,987,911                         1998                       1,879,520                       1,975,457                           36,020,878                         2006                 2,350,807                       2,143,167                           38,792,459                         2014     Note: time periods of interest are 1998-2006 & 2006-2014.a. What is the average annual growth rate for this state during the time periods listed. b. What is the average annual inflation rate for this state during the time periods listed?c. To what extent are living standards likely changing in this economy? Explain and support your claim using data from the table above.

In the United States, confidence in our fiat money derives from

From the choices below, indicate what is likely the most important asset category (in terms of $ value) in a money market mutual fund

Which of the following would NOT be considered descriptive research?

Which of the following is similar to the idea of quantitative change?

A VIP guest refers to a well-known person or celebrity.

What member of a restaurant’s staff is responsible for making daily entries in a log book?