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    Exam 13: Money and the Banking System
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    If People Decide to Hold Less Money as Currency and More
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If People Decide to Hold Less Money as Currency and More

Question 115

Question 115

Multiple Choice

If people decide to hold less money as currency and more as checking deposits, this will most likely cause


A) a decrease in bank reserves.
B) a decrease in required reserves.
C) an increase in the discount rate.
D) an increase in the money supply.

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