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You withdraw $100 from your checking account. how does this affect the money supply and the reserves of your bank?

You withdraw $100 from your checking account. how does this affect the money supply and the reserves of your bank?
asked 7.8k views
3 votes
You withdraw $100 from your checking account. how does this affect the money supply and the reserves of your bank?

asked
User TryinHard
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1 Answer

1 vote
There is no change in money supply and the reserves of your bank decline
answered
User Himanshu Upadhyay
by
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