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Suppose you withdraw $1,000 from your savings account and put it under your mattress.Briefly explain how this will affect M1 and M2.
Categorization
The cognitive process of organizing objects, people, or concepts into classes or groups based on shared characteristics or attributes.
In-Group
A group that one identifies with and feels loyalty toward.
Discrimination
Biased or unfair actions against people from distinct groups, mainly due to their race, age, gender, or physical abilities.
Out-Group
A group toward which an individual feels opposition, rivalry, or hostility.
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