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Business, 25.11.2021 07:10 toddjordan1928

Suppose that after Jane withdraws $350 from her checking account, she uses $190 of this money to pay her federal income tax. After paying her taxes, Jane uses $80 to buy a set of used golf clubs from her neighbor, who then deposits the money into his checking account. Jane deposits the remaining cash from the $350 withdrawal into her savings account. By what dollar amount will the country's money supply change as a result of Jane's actions

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Suppose that after Jane withdraws $350 from her checking account, she uses $190 of this money to pay...
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