ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Haley sells a share of stock and deposits the proceeds into her saving account at a bank.
a. Her assets as M1- increases, decreases, or stays the same
b. Her assets as M2 -increases, decreases, or stays the same
c. Reserves at her bank- increases, decreases, or stays the same
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