If households in the economy decide to take money out of chequing account deposits and put this money into savings accounts, this will initially
A) decrease M1+ and increase M1++.
B) decrease M1+ and decrease M1++.
C) decrease M1+ and not change M1++.
D) increase M1+ and decrease M1++.
E) increase M1+ and increase M1++.
Correct Answer:
Verified
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