ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Mortimer transfers $100 from his savings account to his checking account. The effect on the money supply will be
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M1 increases, M2 decreases, M3 is unchanged.
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M1, M2, M3 all increase.
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M1 will increase, M2 and M3 are unchanged.
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M1 will increase, M2 will increase, M3 falls.
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Explanation:
There is 1 question to complete.