If an individual moves money from a notice deposit at a bank to a deposit account at a credit union, ________.

Name: If an individual moves money from a notice deposit at a bank to a deposit account at a credit union, ________.
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Question

Quizplus · Accepted Answer

M2 includes savings deposits, which notice deposits are part of, and moving money to a credit union deposit account keeps it within M2. M2+ includes all of M2 plus other deposits at credit unions, so it remains unchanged.

If an Individual Moves Money from a Notice Deposit at a Bank