With the invention of ATM machines,the public now holds less currency.As a result,we would expect to have seen

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The invention of ATM machines has made it easier for the public to access their bank accounts, leading to an increase in the convenience of holding deposits over currency. This does not directly affect the M1 and M2 multipliers in the way the options suggest. The M1 and M2 money multipliers are more directly influenced by banking practices, reserve requirements, and other financial policies rather than the physical holding of currency by the public.

With the Invention of ATM Machines,the Public Now Holds Less