Question
EfuaApeatsewa withdraws $5000 out of her checking account and keeps the cash to in her purse. What happens to M1and M2? A.M1 falls but M2
EfuaApeatsewa withdraws $5000 out of her checking account and keeps the cash to in her purse. What happens to M1and M2?
A.M1 falls but M2 remains unchanged.
B.M2 falls but M1 remains unchanged.
C.M1 and M2 both remain unchanged.
D.M1increases and M2also increases.
E.M1 and M2 both fall.
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Macroeconomics
Authors: Stephen d. Williamson
5th Canadian edition
133847144, 9780134604794 , 978-0133847147
