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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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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.

User Pdvries
by
8.6k points

1 Answer

1 vote

Answer:

A. decrease M2 and increase M1

User Gildardo
by
8.7k points
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