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    Macroeconomics Principles Applications
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    Exam 13: Money and the Banking System
  5. Question
    Logan Finds $10 in His Jacket Pocket and Deposits It
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Logan Finds $10 in His Jacket Pocket and Deposits It

Question 159

Question 159

Multiple Choice

Logan finds $10 in his jacket pocket and deposits it into a bank. As a result of this single transaction, M1 has


A) increased by $10.
B) increased by more than $10.
C) increased by less than $10.
D) not changed.

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