John withdraws $100 from his checking account and deposits it in his saving account. What will be the effect of this transaction on different measures of money, i.e. C, M1, and M2?

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The Answer of John withdraws $100 from his checking account and deposits it in his saving account. What will be the effect of this transaction on different measures of money, i.e. C, M1, and M2?

John Withdraws $100 from His Checking Account and Deposits It