If households and firms decide to hold less of their money in checking account deposits and more in currency,then initially,the money supply

Name: If households and firms decide to hold less of their money in checking account deposits and more in currency,then initially,the money supply
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The money supply consists of both currency in circulation and checking account deposits. If households and firms simply shift their holdings from one form to the other, the total money supply remains unchanged.

If Households and Firms Decide to Hold Less of Their