Advanced Placement (AP), 23.04.2020 09:47 Danios

If joey deposits $500 in his checking account, and Bethany pays back a loan for $4000 to the bank, how will these transactions affect the money supply?
A decrease by $3500
B decrease by $4,000
C decrease by $4,500
D increase by $4,500
E Increase by $4,000

Answers: 2

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More questions: Advanced Placement (AP) Another questions

If joey deposits $500 in his checking account, and Bethany pays back a loan for $4000 to the bank, how will these transactions affect the money supply? A decrease by $3500 B decrease by $4,000 C decrease by $4,500 D increase by $4,500 E Increase by $4,000

Answers

Another question on Advanced Placement (AP)

If joey deposits $500 in his checking account, and Bethany pays back a loan for $4000 to the bank, how will these transactions affect the money supply?
A decrease by $3500
B decrease by $4,000
C decrease by $4,500
D increase by $4,500
E Increase by $4,000