Question
Suppose Jane deposits $100 cash at Chase Bank. Everything else held constant, this action will cause currency in circulation to _____ and banks reserves to
Suppose Jane deposits $100 cash at Chase Bank. Everything else held constant, this action will cause currency in circulation to _____ and banks reserves to _____.
increase by $100; decrease by $100
increase by $100; increase by $100
decrease by $100; increase by $100
decrease by $100; decrease by $100
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
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