Determine whether the statement is TRUE or FALSE. Support your answer based on the concepts of money supply. 1. “If a commercial bank receives a currency deposit, cash is taken out of circulation. Thus, there will be a decrease of money supply.”
Determine whether the statement is TRUE or FALSE. Support your answer based on the concepts of money supply. 1. “If a commercial bank receives a currency deposit, cash is taken out of circulation. Thus, there will be a decrease of money supply.”
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Determine whether the statement is TRUE or FALSE. Support your answer based on the concepts of money supply.
1. “If a commercial bank receives a currency deposit, cash is taken out of circulation. Thus, there will be a decrease of money supply.”
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