If people choose to hold a smaller share of income they receive in cash and deposit more
Chapter 17, Problem 16(choose chapter or problem)
If people choose to hold a smaller share of income they receive in cash and deposit more of their earnings in checking accounts, the money expansion will be a. greater than it was in the past. b. the same as it was in the past. c. smaller than it was in the past. d. carried out more slowly than it was in the past.
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