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If the Nonbank Public Wants to Move Funds from Savings

Question 89

Multiple Choice

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


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

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