If Joe withdraws a $100 bill from his checking account and Jack deposits another $100 bill in his savings account,by how will M1 and M2 change?
A)M1 will decrease,but M2 will remain the same.
B)M1 will increase,and M2 will increase.
C)M2 will decrease by $100.
D)Both M1 and M2 will remain the same.
E)M1 will remain the same,and M2 will increase.

Question

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The Answer of If Joe withdraws a $100 bill from his checking account and Jack deposits another $100 bill in his savings account,by how will M1 and M2 change?
A)M1 will decrease,but M2 will remain the same.
B)M1 will increase,and M2 will increase.
C)M2 will decrease by $100.
D)Both M1 and M2 will remain the same.
E)M1 will remain the same,and M2 will increase.

If Joe Withdraws a $100 Bill from His Checking Account