When new checkable deposits are created through loans,
a. the money supply contracts.
b. excess reserves are destroyed.
c. the money supply remains the same.
d. the money supply expands.
e. the required reserve ratio declines
d
Economics
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An increase in demand is represented graphically by a rightward shift of the demand curve
Indicate whether the statement is true or false
Economics
The expected future money supply does not have an effect on:
A. expected future inflation. B. the current price level. C. the current nominal money supply. D. the future price level.
Economics