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NYC NYC
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8 years ago
Thomas transfers $4,500 from his checking account to his savings account. This transaction will:
A) not change M1 and decrease M2.
B) decrease M1 and not change M2.
C) decrease both M1 and M2.
D) increase both M1 and M2.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Good answer, thanks.
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