If you take $100 out of your piggy bank and deposit it in your checking account, how did M1 change? Did M2 change?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter27: Money And Banking
Section: Chapter Questions
Problem 29P: If you take 100 out of your piggy bank and deposit it in your checking account, how did M1 change?...
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If you take $100 out of your piggy bank and deposit it in your checking account, how did M1 change? Did M2 change?

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