If Traveler's Checks Were $1000 Higher and Saving Deposits Were

Multiple Choice

If traveler's checks were $1000 higher and saving deposits were $500 higher, M1 would be

A) $500 higher and M2 would be $1,500 higher.
B) $1,000 higher and M2 would be $1,500 higher.
C) M2 and M1 would be $1,500 higher.
D) $1,000 high and M2 would be $500 higher.