If Andrew takes $10 from his wallet and deposits it into his checking account, what happens to M1 and M2? (1 point) A. Both M1 and M2 increase. B. M1 decreases and M2 increases. C. Both M1 and M2 are unaffected.

If Andrew takes $10 from his wallet and deposits it into his checking account, what happens to M1 and M2?

(1 point)
A.
Both M1 and M2 increase.
B.
M1 decreases and M2 increases.
C.
Both M1 and M2 are unaffected.
D.
M1 is unaffected and M2 decreases

1 Answer

If Andrew takes $10 from his wallet and deposits it into his checking account, what happens to M1 and M2? (1 point) A. Both M1 and M2 increase. B. M1 decreases and M2 increases.…

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