Tracy Williams withdraws $500 that was in her checking account at the local bank and puts it in her sock drawer. If the banking system
Tracy Williams withdraws $500 that was in her checking account at the local bank and puts it in her sock drawer. If the banking system has a reserve ratio of 10%, what is the total change to the money supply due to Tracy's withdrawal (after the multiplier process)? O-$4500 O -$5000 -$500 $4500
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