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i have 10 min only We know, when the Central Bank prints money and adds to its existing reserves, money supply increases. Would money supply
i have 10 min only
We know, when the Central Bank prints money and adds to its existing reserves, money supply increases. Would money supply still increase if I, as a civilian, deposit the cash I had earlier kept in my wardrobe in the bank? How would the money definitions M1 and M1 change?
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