Solved: Suppose you take cash from your piggy-bank and deposit it, Macroeconomics

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Suppose you take cash from your piggy-bank and deposit it

Discussion

Suppose you take cash from your piggy-bank (or sofa cushions) and deposit it into your checking account in the Singleton Bank thereby removing this currency from circulation. Does this have the effect of reducing the money supply? Explain your reasoning.

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Macroeconomics: Suppose you take cash from your piggy-bank and deposit it

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