1.Banks versus Insurance Companies. Both insurance companies and banks are financial intermediaries. Why do macroeconomists study banks more intensively than insurance companies? 2. Understanding M1...

1.Banks versus Insurance Companies. Both insurance companies and banks are financial intermediaries. Why do macroeconomists study banks more intensively than insurance companies?

2. Understanding M1 and M2. If you write a check from your checking account to your money market account, what happens to M1 and M2?