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Business, 14.04.2020 23:29 Riplilpeep

If Joe transfers $1,000 from his savings account to his checking account and assuming that banks cannot lend this money, then:a. M1 will remain the same. b. M2 will increase by $1,000. c. M1 will increase by $1,000. d. M1 will increase by $1,000, and M2 will decrease by $1,000.

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