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    Money Banking and Financial Markets
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    Exam 3: What Is Money
  5. Question
    If an Individual Redeems a U
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If an Individual Redeems a U

Question 28

Question 28

Multiple Choice

If an individual redeems a U.S. savings bond for currency


A) M1 stays the same and M2 decreases.
B) M1 increases and M2 increases.
C) M1 increases and M2 stays the same.
D) M1 stays the same and M2 stays the same.

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