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If you transfer $100 from your piggy bank to your checking account, a. M1 increases by $100. b. M2 increases by $100. c. M1 decreases

If you transfer $100 from your piggy bank to your checking account,

a. M1 increases by $100.

b. M2 increases by $100.

c. M1 decreases by $100 and M2 increases by $100.

d. M2 decreases by $100 and M2 increases by $100.

e. there is no immediate change in the money supply.

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