What will happen if an individual deposits $1,000 of currency in a - ProProfs Discuss
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What will happen if an individual deposits $1,000 of currency in a bank? Suppose all banks maintain a 100 percent reserve ratio.



A. The money supply is unaffected
B. The money supply increases by more than $1,000
C. The money supply increases by less than $1,000
D. The money supply decreases by more than $1,000
E. The money supply decreases by less tahn $1,000

This question is part of Macroeconomics [Ch 1
Asked by Emy_, Last updated: May 26, 2020

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1 Answer

John Smith

John Smith

Answered Jul 06, 2017

The money supply is unaffected
 

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