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Katen [24]
3 years ago
8

Which statement is true about banks and the money supply?

Social Studies
1 answer:
abruzzese [7]3 years ago
3 0

Answer:

Banks create money too. Every time a dollar is deposited into a bank account, a bank's total reserves increases. The bank will keep some of it on hand as required reserves, but it will loan the excess reserves out. When that loan is made, it increases the money supply.

Explanation:

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Scientific method review the procedure scientists use to answer a question or solve a problem is known as the
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The statmeent is true

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