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If Veronica Withdraws $1,500 from Her Savings Account and Deposits

Question 33

Multiple Choice

If Veronica withdraws $1,500 from her savings account and deposits it in her checking account, then M1 will ________ and M2 will ________.


A) increase; decrease
B) increase; not change
C) not change; decrease
D) not change; not change

Correct Answer:

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