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If the public withdraws $50 million from checkable deposits and hold it in cash, what is the impact on money base

If the public withdraws $50 million from checkable deposits and hold it in cash, what is the impact on money base
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If the public withdraws $50 million from checkable deposits and hold it in cash, what is the impact on money base

User Robjtede
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5 votes

Answer:

The monetary base remains unchanged

Step-by-step explanation:

User Jolleyboy
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