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Suppose that Carl takes out $300 from his checking account and deposits that money into his saving account. Which of the following will not occur

Suppose that Carl takes out $300 from his checking account and deposits that money into his saving account. Which of the following will not occur as a result of this transaction? Group of answer choices Monetary base will not change at all. M2 will increase by $300. M1 will decline by $300. Non-M1 M2 will increase by $300

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