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When you take $100 from your saving account and deposit it in your checking account, M2 decreases.

Crystalboo92

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When you take $100 from your saving account and deposit it in your checking account, M2 decreases.

Question 1.

In an economy that uses fiat money, there is no need for double coincidence of wants.

▸ true

▸ false

Question 2.

When you take $100 from your saving account and deposit it in your checking account, M2 decreases.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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mnp2357

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More solutions for this book are available here

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Crystalboo92 Author

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Thanks

sadiewolf

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You make an excellent tutor!

hannahspillett

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Correct

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