What will happen to the sizes of the M1 money supply and the M2 money supply if the following transactions take place?
a. Tasha withdraws $3,000 from her checking account and holds it as currency.
b. Arturo withdraws $3,000 from his savings account and deposits it in his checking account.
c. Benjamin withdraws 3,000 from his savings account and puts it in a certificate of deposit (CD).
d. Marisol withdraws $3,000 from her home safe and deposits it in her savings account.
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Q38: Table 18.1 : Q39: Table 18.1 : Q40: The central bank is the only authorized Q41: Currency held inside the banking system is Q42: Of all the components of the M1 Q44: Why must the M2 measure of the Q45: _ are financial assets that represent partial Q46: Financial securities that represent promises to repay Q47: The price a borrower must pay for Q48: Spreading wealth across multiple investments is called![]()
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