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If Ahmad withdrew $500 in cash from a savings account and deposited it into a chequing
account, A. M1+ increased and M2+ was unchanged. B. M1+ increased and M2+ decreased. C.
M1+ decreased and M2+ increased. D. M1+ and M2+ both decreased.

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If Ahmad withdrew $500 in cash from a savings account and deposited i.pdf

  • 1. If Ahmad withdrew $500 in cash from a savings account and deposited it into a chequing account, A. M1+ increased and M2+ was unchanged. B. M1+ increased and M2+ decreased. C. M1+ decreased and M2+ increased. D. M1+ and M2+ both decreased.