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

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

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

Edition: 12^th

Authors: Case, Fair, Oster

Read 139 times

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Cass S.

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More solutions for this book are available here

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jonnyjon Author

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4 years ago

Smart ... Thanks!

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