Explain how each of these events affects the amount of m1
Explain how each of these events affects the amount of M1 that people hold:
a. ATMs are invented.
b. Credit cards are invented.
c. Debit cards are invented.
d. Stored-value cards are invented.
e. Interest rates on bonds rise.
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explain how each of these events affects the amount of m1 that people holda atms are inventedb credit cards are
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