question archive Banks affect the money supply Select one: a
Banks affect the money supply Select one: a
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Banks affect the money supply
Select one:
a. when they take deposited currency out of circulation and deposit it into their bank vaults.
b.
when they lend their excess reserves to their customers.
c. when a customer from one bank writes a cheque to a customer of another bank who deposits that cheque into his or her chequing account.
d.
All of the above are true.
e. Answers (a) and (b) are correct.
