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rventurec rventurec
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A year ago
You withdraw $10 from your checking account and pay $10 in cash to your friend for lunch, who then deposits it into their checking account. What happens to the money supply (M2)?

▸ It decreases.

▸ It increases.

▸ It first increases and then decreases and then increases again.

▸ There is no change.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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overlandtrailoverlandtrail
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A year ago
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