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alexdok [17]
3 years ago
8

Which of the following statements about masters programs is not correct

SAT
1 answer:
KengaRu [80]3 years ago
8 0

You didn't provide any statements...

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Suppose that the required reserve ratio is 20%. If Saanvi deposits $4,000 in cash in her checking account, and her bank lends $1
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The fact that Saanvl deposits the $4,000, means that initially, the money supply remains the same.

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After Saanvl deposited, the money was simply converted from cash to cash deposits at the bank.

Both of these things are considered to be a part of money supply so there is no change in money supply initially.

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