Suppose Oscar Withdraws $100 from His Checking Account and Deposits

question 58

Multiple Choice

Suppose Oscar withdraws $100 from his checking account and deposits it into his savings account.This transaction causes M1 to

• A)Increase by $100 and M2 to remain the same.
• B)Decrease by $100 and M2 to remain the same.
• C)Decrease by $100 and M2 to increase by $100.
• D)Remain the same and M2 to increase by $100.

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Definitions:

Centigrade

A scale of temperature in which water freezes at 0 degrees and boils at 100 degrees under standard conditions.

Hemiplegia

Paralysis of one side of the body, typically resulting from damage to the brain or spinal cord.

Hemi-

Refers to a prefix meaning half or partial, often used in medical and scientific terminology to describe something that affects one side or part.

Hypertrophy

An increase in the size of an organ or tissue through the enlargement of its cells.