Multiple Choice
If you withdraw $100 from your checking account and deposit it in your savings account:
A) M1 rises and M2 falls.
B) both M1 and M2 rise.
C) M1 falls by $50 and M2 rises by $50.
D) the monetary base rises.
E) M1 falls and M2 is unchanged.
Correct Answer:
Verified
Correct Answer:
Verified
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