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13-03-2024
Business

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Suppose Mike withdraws $200 from his checking account and deposits it into his savings account. This transaction causes M1 to:
a) Increase by $200 and M2 to remain the same.
b) Decrease by $200 and M2 to remain the same.
c) Increase by $200 and M2 to decrease.
d) Decrease by $200 and M2 to increase.

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