Multiple Choice
Henry deposits $2,000 in currency in the First Street Bank. Later that same day, Jane Harris negotiates a loan for $5,400 at the same bank. After these transactions, the supply of money has
A) increased by $2,100.
B) increased by $3,300.
C) increased by $5,400.
D) decreased by $3,300.
Correct Answer:
Verified
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