If bank depositors hold more cash and fewer deposits, the monetary base does not change, only the

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If bank depositors hold more cash and fewer deposits, the monetary base does not change, only the composition of it does. Explain why.

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Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

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Question Posted: Jun 21, 2019 07:27 AM

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If bank depositors hold more cash and fewer deposits, the monetary base does not change, only the

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When you withdraw cash from your checking account by say using an ATM You have mo...View the full answer

Money, Banking, Financial Markets and Institutions

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