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In a credit crunch, how does reduced lending by banks impact the money supply? Question 6 Answer a. Increases the money supply; raise interest rates

In a credit crunch, how does reduced lending by banks impact the money supply? Question 6 Answer a. Increases the money supply; raise interest rates b. Decreases the money supply; engage in open market operations c. Central bank's role is irrelevant d. No impact on the money supply

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