John and Jane decide to go on a vacation. As a result, they withdraw $2,500 from their savings account and hold it as cash. As a result of this transfer by itself
M1 increases by $2,500 and M2 decreases by $2,500.
M1 increases by $2,500 and M2 stays the same.
M1 decreases by $2,500 and M2 stays the same.
M1 decreases by $2,500 and M2 decreases by $2,500.