aftershock7771 aftershock7771
  • 02-12-2017
  • Business
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(b) what would happen to the money supply initially if the public deposited another $20 billion of cash in transactions accounts?

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W0lf93
W0lf93 W0lf93
  • 14-12-2017
even if the public deposited another $20 or any amount of money billion of cash in transactions accounts it will not change anything because it is the money that already in circulation. as it is not a new money and it is the cash already in transaction it will not affect the banks money transaction.
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