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uysha [10]
2 years ago
5

If ms. anniston transfers $1,000 from her checking account to her money market account, then?

Business
1 answer:
SOVA2 [1]2 years ago
7 0

M1 decreases and M2 doesn't change if Ms. Anniston moves $1,000 from her checking account to her money market account.

<h3>What are M1 and M2?</h3>

Money supply in M1 and M2. Money that is very liquid, such as cash, checkable (demand) deposits, and traveler’s checks, is included in the M1 money supply.

The M2 money supply, which consists of the M1 money supply plus savings and time deposits, certificates of deposits, and money market funds, is less liquid in nature. M2 is a larger definition of money that adds more deposit kinds along with everything in M1.

For more information about M1 and M2 refer to the link:

brainly.com/question/4221657

#SPJ4

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