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Jim transfers money from his money market account to his savings account. This action:________. a. reduced Ml and increases M2. b. increases Ml and reduces M2. c. has no effect …

Jim transfers money from his money market account to his savings account. This action:________. a. reduced Ml and increases M2. b. increases Ml and reduces M2. c. has no effect …
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Jim transfers money from his money market account to his savings account. This action:________.

a. reduced Ml and increases M2.
b. increases Ml and reduces M2.
c. has no effect on MI or M2.
d. increases Ml and M2.

asked
User Eugene Trofimenko
by
7.1k points

1 Answer

2 votes

Answer:

a.reduced MI and increases M2

Step-by-step explanation:

Hope that help you!!

answered
User Gabba
by
8.0k points
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