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Home Q & A Board Other Fields Homework Help Business Economics
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nursemegan nursemegan
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4 years ago

Question 1.

Otis transfers $200 from his savings account to his money market fund. This transaction will



▸ decrease M2 and increase M1.

▸ decrease both M1 and M2.

▸ decrease M1 and increase M2.

▸ leave M1 and M2 unchanged.

Question 2.

(Currency held outside banks + demand deposits + other checkable deposits + traveler's checks + savings accounts + money market accounts + other near monies) =



▸ M1.

▸ M2.

▸ M1 + M2.

▸ M2 - M1.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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ShayT0923ShayT0923
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4 years ago
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nursemegan Author
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4 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Shassta22
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Yesterday
You make an excellent tutor!
54321abs
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2 hours ago
Brilliant ツ
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