Arial BIUA 14 8日一州、一林|=、m、同E|X. 6. Part 3- Practice- For each scenario, identify how the action will immediately affect M1, M2, and the monetary base. Indicate if each will increase (Inc), decrease...

The monetary base for all and # 23

Extracted text: Arial BIUA 14 8日一州、一林|=、m、同E|X. 6. Part 3- Practice- For each scenario, identify how the action will immediately affect M1, M2, and the monetary base. Indicate if each will increase (Inc), decrease (Dec), or not change (NC). Scenario M1 M2 Monetary base NC Marc transfers $500 from his savings to his checking account ↑ 19. NC 1 20. Cynthia deposits $200 cash into her savings account Joffrey burns a $100 bill to impress a girl (don't do this-it's illegal 21. and she won't be impressed) NC 22. A bank uses $1,000 of its reserves to make a cash loan A bank sells the Federal Reserve $10,000 worth of treasury 23. bonds. The bank receives $10,000 as excess reserves in exchange for the bonds NC 个 A business transfers $20,000 from a money market account to 24. their checking account NC NCT Maria withdraws $250 cash from her checking account out of an 25. ATM machine MacBook Air ->