J Jessica J Guest Apr 5, 2009 #1 Sara withdrawls $1000 from her savings account at the Luck S&L , keeps $50 in cash, and deposits the balance in her checking account at the Bank of Illinois. What is the immediate change in M1 and M2?
Sara withdrawls $1000 from her savings account at the Luck S&L , keeps $50 in cash, and deposits the balance in her checking account at the Bank of Illinois. What is the immediate change in M1 and M2?