What is the initial effect on m-one

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Question: For each of the following transactions, what is the initial effect (increase or decrease) on M1? On M2?

a. You sell a few shares of stock and put the proceeds into your savings account.

b. You sell a few shares of stock and put the proceeds into your checking account.

c. You transfer money from your savings account to your checking account.

d. You discover $0.25 under the floor mat in your car and deposit it in your checking account.

e. You discover $0.25 under the floor mat in your car and deposit it in your savings account

Reference no: EM131530702

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