Answers
ECON 1012 Tien: Macroeconomics Homework 6 Answer Key
- Course
- ECON 1012 (ECON1012)
- Institution
- George Washington University
a. True. Banks cannot influence the money supply if they are required to hold all deposits in reserve because then there wouldn’t be any loans that banks can make to increase the money supply. b. False. If people hold more currency, they will deposit less money into bank for it to circulate, whic...
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