1. Discuss the impact of each of the following changes on M1 and M2. a. $1,000 currency...
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1. Discuss the impact of each of the following changes on M1 and M2.
a. $1,000 currency has been deposited to a checking account.
b. $1,000 currency has been deposited to a savings account.
c. $1,000 has been transferred from a savings account to a checking account.
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