=+ 4. As a Case Study in the chapter discusses, the money supply fell from 1929 to
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=+ 4. As a Case Study in the chapter discusses, the money supply fell from 1929 to 1933 because both the currency–deposit ratio and the reserve–deposit ratio increased. Use the model of the money supply and the data in Table 4-2 to answer the following hypothetical questions about this episode.
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