Under a free banking arrangement,when people increase the demand for money a process would begin which would end with a(n)_________________ in the supply of money,______________ government intervention.

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Under a free banking system, when the demand for money increases, banks would naturally respond by increasing the supply of money, doing so without the need for government intervention. This process is facilitated by the banks' own interests in remaining competitive and profitable.

Under a Free Banking Arrangement,when People Increase the Demand for Money