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You have decided to use a credit card to purchase a new

You have decided to use a credit card to purchase a new television. What is the immediate consequence of this purchase?

There would be a decrease in M1 and a decrease in M2.

There would be an increase in M1 and a decrease in M2.

There would be a decrease in M1 and an increase in M2.

There would be an increase in M1 and an increase in M2.

There would be no changes to M1 or M2.

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