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Business, 12.02.2020 02:23 99keevintaylor012

Carl has checking accounts with Bank A and Bank B. One day he withdraws $2,000 from his checking account at Bank A and deposits it into his checking account at Bank B. Both banks hold zero excess reserves and are faced with the same required reserve ratio. As a result of Carl's action, the money supply:

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Carl has checking accounts with Bank A and Bank B. One day he withdraws $2,000 from his checking acc...

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