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Suppose a Person Cashes His Payroll Check and Holds All

question 147

Multiple Choice

Suppose a person cashes his payroll check and holds all the funds in the form of currency. Everything else held constant,total reserves in the banking system ________ and the monetary base ________.


Definitions:

Muscle Tissue

A tissue composed of fibers capable of contracting to produce movement in the body.

Skin Wound

A physical injury to the skin that results in damage, such as a cut, burn, or laceration.

Subcutaneous Adipose Tissue

refers to the layer of fat cells below the skin that provides insulation, energy storage, and protection.

Blood Vessel

Cylindrical vessels that transport blood throughout organs and tissues, including veins, arteries, and capillaries.

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