Which of these transactions results in an increase in M2? A) certific

Which of these transactions results in an increase in M2?

A) certificate of deposit matures, adding $520 to your checking account
B) withdrawal of $100 cash from your checking account
C) depositing a bank loan of $400 into your savings account
D) depositing a $300 paycheck into your savings account
E) none of the above

 

ANSWER

C

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