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3 years ago

13

When a customer deposits $100 of cash into their checking account at a bank, the cash outside the bank decreases by $100, but th

e checkable deposits within the bank increase by $100 thereby creating no change in the __________________?

1 answer:

Scilla [17]3 years ago

4 0

There is no change in aggregate M1. M1 refers to money supply.

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Provided information,

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