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If You Transfer the Balance of Your Savings Account at Your

Question 31

Multiple Choice

If you transfer the balance of your savings account at your credit union to your chequing account at your bank,how would this affect M2 and M2+?


A) M2+ would fall and M2 would rise.
B) M2+ would fall and M2 would stay the same.
C) Both M2 and M2+ would fall.
D) There would be no change in either M2 or M2+.

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