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5. Joseph transfers $1000 from his money market fund to his checking account. This transaction will: a) decrease M2 and increase M1. b) increase M1, but leave M2 unchanged. c) decrease M1 and increase
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Dec 19, 2022
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5. Joseph transfers $1000 from his money market fund to his checking account. This
transaction will:
a) decrease M2 and increase M1.
b) increase M1, but leave M2 unchanged.
c) decrease M1 and increase M2.
d) decrease both M1 and M2.
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Answer:
A. decrease M2 and increase M1
Gildardo
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Dec 26, 2022
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