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In 1932, the U.S. government imposed a 2-cent tax on checks written on deposits in bank accounts. This action would be expected to ______ the currency–deposit ratio and ______ the money supply. A. decrease
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Apr 2, 2021
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In 1932, the U.S. government imposed a 2-cent tax on checks written on deposits in bank accounts. This action would be expected to ______ the currency–deposit ratio and ______ the money supply. A. decrease decrease; B. increase increase;
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Edson Tirelli
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Answer: The correct answer is B. increase;decrease
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