If you decide to hold $100 less cash than usual and therefore deposit $100 more cash in

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If you decide to hold $100 less cash than usual and therefore deposit $100 more cash in the bank, what effect will this have on checkable deposits in the banking system if the rest of the public keeps its holdings of currency constant?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 04:02 AM

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If you decide to hold $100 less cash than usual and therefore deposit $100 more cash in

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The Economics of Money Banking and Financial Markets

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