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Suppose that Frank deposits $500 in bank A, and 2 hours later, Jane borrows $1000 from the same bank. We can conclude that the money supply changed by?

Suppose that Frank deposits $500 in bank A, and 2 hours later, Jane borrows $1000 from the same bank. We can conclude that the money supply changed by?
asked 140k views
1 vote
Suppose that Frank deposits $500 in bank A, and 2 hours later, Jane borrows $1000 from the same bank. We can conclude that the money supply changed by?

asked
User Marvin Herbold
by
8.3k points

1 Answer

6 votes
the money supply did not change
answered
User Venkat Teki
by
8.5k points
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