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If You Liquidate $3,000 of Your Mutual Fund and Transfer

question 201

Multiple Choice

If you liquidate $3,000 of your mutual fund and transfer the funds to your checking account,then initially,M1 will ________ and M2 will ________.


Definitions:

Time Saving Feature

A characteristic or component of a device, software, or procedure designed to decrease the amount of time needed to accomplish tasks.

Gear Icon

A graphical icon commonly used in software and applications to represent settings or configuration options.

Create Icon

A graphical symbol or button used in software or websites to initiate the creation of a new item or file.

Assets

Economic resources or valuable items owned by a person or company that are expected to provide future benefits.

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