Business, 06.05.2020 21:12, changemyfate69

Suppose you decide to withdraw $100 in currency from your checking account. what is the effect on m1 loading...? ignore any actions the bank may take as a result of your having withdrawn the $100.

a. m1 decreases by $100 as a result of lower checking deposits.

b. m1 increases by $100 as a result of additional currency in circulation.

c. m1 remains unchanged.

d. none of the above occur.

Answers: 2

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Suppose you decide to withdraw $100 in currency from your checking account. what is the effect on m1...