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LekaFEV [45]
3 years ago
5

If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new dep

osit will:____________
a) increase
b) decline
c) not be affected
d) none of the above
Business
1 answer:
rewona [7]3 years ago
4 0

Answer:

b) decline

Explanation:

If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new deposit will <u>decline</u>. This happens because people lost trust and hastily withdrawn their money deposited with the bank.

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4 years ago
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Valentin [98]

Answer:

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4 years ago
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tatiyna

Answer:

The Correct Option is C.

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