If an Individual Moves Money from a Chequing Account to a Money

question 78

Multiple Choice

If an individual moves money from a chequing account to a money market mutual fund, ________.

• A) M1+ decreases and M2+ increases
• B) M1+ stays the same and M2+ increases
• C) M1+ decreases and M2+ stays the same
• D) M1+ increases and M2+ decreases

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