Business, 13.08.2021 01:50 20alyssityh224
If people refused to use banks to create checkable deposits, the banking system would:
a) be able to expand the money supply by more than the money multiplier indicates.
b) not be affected in the money creating process.
c) not be able to create new money.
d) not have a way to loan out excess reserves.
Answers: 1
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If people refused to use banks to create checkable deposits, the banking system would:
a) be able t...
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