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It's your birthday, and your uncle opens up his wallet and gives you a $ 2 0 gift card to the local movie theater. You

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 M

1

or M

2 ?

Explain.

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