1.1.6 Since youre studying abroad for a year, your parents have just sent you a lump sum...

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1.1.6 Since you’re studying abroad for a year, your parents have just sent you a lump sum payment of $12,000 on the savings account you just created in your new country of residence, advising you to transfer equal sums each month to your new checking account, which you just started doing. How have M1 and M2 been affected in your new country of residence? How are they affected by the end of your stay abroad?

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Principles Of Economics

ISBN: 9780802845610

12 Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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