A person takes $4,000 and places it into a checking account in a bank. Does the composition

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A person takes $4,000 and places it into a checking account in a bank. Does the composition of the money supply change? Does the size of the money supply change? Explain your answers.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:25 AM

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A person takes $4,000 and places it into a checking account in a bank. Does the composition

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M1 currency held outside banks checkable deposits travelers checks There is ...View the full answer

Economics

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