Everything Else Held Constant,a Decrease in the Currency-Checkable Deposit Ratio

question 16

Multiple Choice

Everything else held constant,a decrease in the currency-checkable deposit ratio will mean

• A) an increase in currency in circulation and an increase in the money supply.
• B) an increase in money supply.
• C) a decrease in the money supply.
• D) an increase in currency in circulation but no change in the money supply.

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