If I were to receive cash from my sister and I deposited it into my checking account,which of the following changes would occur?
A) M1 and M2 would remain unchanged.
B) M1 would decrease; M2 would increase.
C) Both M1 and M2 would increase.
D) Both M1 and M2 would decrease.
E) M1 would increase; M2 would decrease.
Correct Answer:
Verified
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