After winning $100 on a trip to Las Vegas, Hugo returns to Canada and deposits $60 in his savings account and $40 in his chequing account. The immediate effect is
A) M1+ increases by $60.
B) M1+ increases by $100.
C) M2+ is unchanged.
D) M1+ is unchanged.
E) M2+ increases by $100.
Correct Answer:
Verified
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