What happens immediately to turkeys m-two money supply, Microeconomics

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What happens immediately to turkeys m-two money supply

Problem

As we discussed in class, Turkey's inflation rate has reached 80%. Suppose residents withdraw funds from their savings accounts, with the hopes of buying gold or some other commodity that will increase with inflation. Explain what happens immediately to Turkey's M2 money supply.

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Microeconomics: What happens immediately to turkeys m-two money supply

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Microeconomics: What happens immediately to turkeys m-two money supply

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