Recognizing the distinction between advances to banks and the nonborrowed monetary base, the money supply model is specified as ________.
A) M = m × (MB ₙ - BR)
B) M = m × (MB ₙ + BR)
C) M = m + (MB ₙ - BR)
D) M = m - (MB ₙ + BR)
Correct Answer:
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