NAIMMCQ Economics Decisions by depositors to increase their holdings of ________, or of banks to hold ________ will result in a smaller expansion of deposits than the simple model predicts.

Decisions by depositors to increase their holdings of , or of banks to hold will result in a smaller expansion of deposits than the simple model predicts.

Economics

Decisions by depositors to increase their holdings of , or of banks to hold will result in a smaller expansion of deposits than the simple model predicts.

A) deposits; required reserves
B) deposits; excess reserves
C) currency; required reserves
D) currency; excess reserves

Answer: D

NAIMMCQ

Decisions by depositors to increase their holdings of ________, or of banks to hold ________ will result in a smaller expansion of deposits than the simple model predicts.

Decisions by depositors to increase their holdings of ________, or of banks to hold ________ will result in a smaller expansion of deposits than the simple model predicts.

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Decisions by depositors to increase their holdings of , or of banks to hold will result in a smaller expansion of deposits than the simple model predicts.

Decisions by depositors to increase their holdings of , or of banks to hold will result in a smaller expansion of deposits than the simple model predicts.