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jonnyjon jonnyjon
wrote...
Posts: 450
5 years ago

Question 1.

Serena transfers $8,000 from her home safe to her savings account. This transaction will



▸ not change M1 and decrease M2.

▸ decrease M1 and not change M2.

▸ increase both M1 and M2.

▸ decrease both M1 and M2.

Question 2.

Sarafina withdraws $450 from her saving account and places the money in her wallet. This transaction will



▸ not change M1 and decrease M2.

▸ increase M1 and not change M2.

▸ increase both M1 and M2.

▸ decrease both M1 and M2.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 156 times
2 Replies
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Answer verified by a subject expert
Cass S.Cass S.
wrote...
Posts: 390
5 years ago
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jonnyjon Author
wrote...
5 years ago
Smart ... Thanks!
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