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3. It's your birthday, and your uncle opens up his wallet and gives you a $20 gift card to the local movie theater. You take

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3. It's your birthday, and your uncle opens up his wallet and gives you a $20 gift card to the local movie theater. You take the $20 gift card and use it to watch a movie and buy some popcorn and soda. What is the effect of this transaction on M1 or M2? Explain. (10 points)

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