Multiple Choice
If Ms. Anniston transfers $1,000 from her checking account to her money market account, then
A) M1 falls and M2 remains the same.
B) M1 falls and M2 rises.
C) both M1 and M2 rise.
D) M1 remains the same and M2 rises.
Correct Answer:
Verified
Correct Answer:
Verified
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