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Business, 25.02.2020 00:03 sadie271

State the immediate effect of each of the following actions on M1 and M2: Instructions: If there is no change in M1 or M2, enter zero as your response. a. Barry writes his plumber a check for $200. The plumber takes the check to the bank, keeps $50 in cash, and deposits the remainder in his savings account. M1 by $ . M2 by $ . b. Maureen deposits the $1,000 from her CD in a money market mutual fund. M1 by $ . M2 by $ . c. Sylvia withdraws $50 in cash from her savings account. M1 by $ . M2 by $ .

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State the immediate effect of each of the following actions on M1 and M2: Instructions: If there is...
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