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Q3. Assume the previous scenario. Suppose that after your salary check is credited, you withdraw the $5000 and hold it in the form of cash

Q3. Assume the previous scenario. Suppose that after your salary check is credited, you withdraw the $5000 and hold it in the form of cash at home (to pay for your expenses, say). How has the total reserves in the banking system changed? How has the monetary base (MB) of the economy changed

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