Assume that Jimmy Cash has $2,300 in his checking account at Folsom Bank and uses his checking account card to withdraw $230 of cash from the bank's ATM machine. Instructions: Enter your answer as a whole number. By what dollar amount did the M1 money supply change as a result of this single, isolated transaction?
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Home » Business » Assume that Jimmy Cash has $2,300 in his checking account at Folsom Bank and uses his checking account card to withdraw $230 of cash from the bank's ATM machine. Instructions: Enter your answer as a whole number.