If an individual moves money from a money market mutual fund to currency, Select one: a. M1+ stays the same and M2+ stays the same b. M1+ increases and M2+ decreases C. M1+ stays the same and M2+ increases d. M1+ increases and M2+ stays the same

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 12QP
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If an individual moves money from a money
market mutual fund to currency,
Select one:
a.
M1+ stays the same and M2+ stays the same
b.
M1+ increases and M2+ decreases
C.
M1+ stays the same and M2+ increases
d.
M1+ increases and M2+ stays the same
Transcribed Image Text:If an individual moves money from a money market mutual fund to currency, Select one: a. M1+ stays the same and M2+ stays the same b. M1+ increases and M2+ decreases C. M1+ stays the same and M2+ increases d. M1+ increases and M2+ stays the same
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