Thomas transfers $4,500 from his checking account to his savings account. This transaction will:

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Thomas transfers $4,500 from his checking account to his savings account. This transaction will:

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

Edition: 11^th

Authors: Case, Fair, Oster

Read 196 times

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NYC Author

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8 years ago

Good answer, thanks.

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