Everything else held constant,an increase in the currency-checkable deposit ratio will mean

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An increase in the currency-checkable deposit ratio means that people are holding relatively more currency in their wallets and less in their bank accounts. This means that banks will have fewer deposits to lend out, leading to a decrease in the money supply. The other options are incorrect because they assume that an increase in the currency-checkable deposit ratio would necessarily lead to an increase in currency or reserves, which is not necessarily the case.

Everything Else Held Constant,an Increase in the Currency-Checkable Deposit Ratio