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Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example M1 M2 Clancy has a roll of quarters that he just withdrew from the bank to do laundry. Hubert has $2,000 in a savings account. Kate has $6,000 in a six-month certificate of deposit (CD).

Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example M1 M2 Clancy has a roll of quarters that he just withdrew from the bank to do laundry. Hubert has $2,000 in a savings account. Kate has $6,000 in a six-month certificate of deposit (CD).

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example M1 M2 Clancy has a roll of quarters that he just withdrew from the bank to do laundry. Hubert has $2,000 in a savings account. Kate has $6,000 in a six-month certificate of deposit (CD).
Transcribed Image Text:Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example M1 M2 Clancy has a roll of quarters that he just withdrew from the bank to do laundry. Hubert has $2,000 in a savings account. Kate has $6,000 in a six-month certificate of deposit (CD).
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