During the Great Depression the money supply fell even though the Fed did not sell bonds. How could a change in bank behavior explain this phenomenon?

Name: During the Great Depression the money supply fell even though the Fed did not sell bonds. How could a change in bank behavior explain this phenomenon?
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The Answer of During the Great Depression the money supply fell even though the Fed did not sell bonds. How could a change in bank behavior explain this phenomenon?

During the Great Depression the Money Supply Fell Even Though