A) Granting and repaying bank loans do not affect the money supply. B) Both the granting and repaying of bank loans expand the aggregate money supply. C) Granting a bank loan destroys money; repaying a

A) Granting and repaying bank loans do not affect the money supply.

B) Both the granting and repaying of bank loans expand the aggregate money supply.
C) Granting a bank loan destroys money; repaying a bank loan creates money.
D) Granting a bank loan creates money; repaying a bank loan destroys money.

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A) Granting and repaying bank loans do not affect the money supply. B) Both the granting and repaying of bank loans expand the aggregate money supply. C) Granting a bank loan de…

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