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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
If you deposit $1,000 in cash in your checkable deposit at your bank, the quantity of M1 immediately
A) increases by $1,000.
B) decreases by $1,000.
C) increases by $2,000.
D) does not change in size.
E) changes, but more information about the required reserve ratio is necessary to determine the amount of the change.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
No problemo Happy Dummy
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3 years ago
i was told to comment in order to get the answer
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3 years ago
aoidjoisjew
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