20. Sara withdraws $1,000 from her savings account at the Lucky S&L, keeps $50 in cash, and...

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20. Sara withdraws $1,000 from her savings account at the Lucky S&L, keeps $50 in cash, and deposits the balance in her checking account at the Bank of Illinois. What is the immediate change in M1 and M2?

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Parkin Macroeconomics

ISBN: B0070OLVAC

10th Edition

Authors: Michael Parkin

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Question Posted: Nov 05, 2024 12:00 PM

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Sara withdraws $1,000 from her savings account at the Lucky S&L, keeps $50 in cash, and deposits the balance in her checking account at the Bank of Illinois. What is the immediate change in M1 and M2?
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20. Sara withdraws $1,000 from her savings account at the Lucky S&L, keeps $50 in cash, and...

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Parkin Macroeconomics

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