Mathematics, 27.12.2019 02:31 sighgabbie

In a 100-percent-reserve banking system, if a customer deposits $100 of currency into a bank, then the money supply:
a) increases by $100.
b) decreases by $100.
c) increases by more than $100.
d) remains the same.

Answers: 1

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In a 100-percent-reserve banking system, if a customer deposits $100 of currency into a bank, then the money supply: a) increases by $100. b) decreases by $100. c) increases by more than $100. d) remains the same.

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Other questions on the subject: Mathematics

Questions in other subjects:

In a 100-percent-reserve banking system, if a customer deposits $100 of currency into a bank, then the money supply:
a) increases by $100.
b) decreases by $100.
c) increases by more than $100.
d) remains the same.