Register
You withdraw $100 from your checking account. how does this affect the money supply and the reserves of your bank?
7.8k views
3 votes
You withdraw $100 from your checking account. how does this affect the money supply and the reserves of your bank?

User TryinHard
by
8.7k points

1 Answer

1 vote
There is no change in money supply and the reserves of your bank decline
User Himanshu Upadhyay
by
7.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!