Macroeconomics 15th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson

Exercise 10

Are the following statements true or false
a. "You can never have too much money."
b. "When you deposit currency in a commercial bank, cash goes out of circulation and the money supply declines."
c. "If the Fed would create more money, Americans would achieve a higher standard of living."