In a 100-percent-reserve banking system, if an individual deposits money in his or her checking account, currency would

Group of answer choices

decrease, but demand deposits would increase by the same amount and M1 would not change.

decrease, while demand deposits would increase by less and M1 would decrease.

increase, while demand deposits would decrease by less and M1 would increase.

increase, but demand deposits would decrease by the same amount and M1 would not change.