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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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