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Business, 18.01.2020 05:31 samehajamal1234567

If ann were to convert some of her checkable deposits into a certificate of deposit, which of the following changes would take place?
a. m1 would decrease and then increase; m2 would increase and then decrease
b. there would be no changes to ml or m2
c. ml would decrease; there would be no change in m2
d. ml would increase; m2 would increase.
e. m1 would decrease; m2 would decrease

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