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Assume that you are interested in earning some retum on the idea balances you usually keep in your checking account and decide to buy some

Assume that you are interested in earning some retum on the idea balances you usually keep in your checking account and decide to buy some money market mutual funds shares by writing a check. Comment on the effect of your action

(

with everything else the same

)

on MI and M

2 .

With graph

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