Which of these transactions results in an increase in M2?
A)certificate of deposit matures,adding $520 to your checking account
B)withdrawal of $100 cash from your checking account
C)depositing a bank loan of $400 into your savings account
D)depositing a $300 paycheck into your savings account
E)none of the above

Question

Quizplus · Accepted Answer

Depositing a bank loan into a savings account increases M2 because it adds to the savings account balance, which is part of M2.

Which of These Transactions Results in an Increase in M2