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    Macroeconomics Study Set 12
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    Exam 11: Money, Banks and the Reserve Bank of Australia
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    A Cash Withdrawal from the Banking System
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A Cash Withdrawal from the Banking System

Question 20

Question 20

Multiple Choice

A cash withdrawal from the banking system:


A) lowers demand deposits to zero.
B) decreases demand deposits.
C) increases the money supply.
D) increases excess reserves.

Correct Answer:

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