With the invention of ATM machines, the public now holds less currency
With the invention of ATM machines, the public now holds less currency. As a result, we would expect to have seen
a. both the M1 and the M2 multipliers to increase over time.
b. the M1 multiplier to increase while the M2 multiplier to decrease over time.
c. the M1 multiplier to decrease while the M2 multiplier to increase over time.
d. None of the above
ANSWER
D
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