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If the Nonbank Public Wants to Move Funds from Checkable

Question 88

Multiple Choice

If the nonbank public wants to move funds from checkable deposits to savings accounts


A) M1 and M2 would both rise.
B) M1 and M2 would both remain unchanged.
C) M1 would fall and M2 would remain unchanged.
D) M1 would fall and M2 would rise.

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