If I were to give cash to my father for his birthday and he deposited the cash into his savings account,which of the following changes would take place?
A) M1 and M2 would remain unchanged.
B) M1 would decrease; M2 would increase.
C) M1 and M2 would increase.
D) M2 would be unchanged.
E) M1 would increase; M2 would decrease.
Correct Answer:
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