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hiitssky hiitssky
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5 years ago
You withdraw $2,000 from your account. Your bank has a desired reserve ratio of 20 percent. This transaction, by itself, will directly reduce
A) the quantity of money by $1,600.
B) deposits by $1,600.
C) the quantity of money by $2,000.
D) deposits by $2,000.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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hectmurilhectmuril
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#1
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5 years ago
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hiitssky Author
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5 years ago
Brilliant ツ
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Thanks
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