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When the Fed Issues Currency

Question 58

Multiple Choice

When the Fed issues currency


A) this increases our money supply only if it replaces old,worn-out currency.
B) this increases our money supply only if it is used to accommodate the public's desire to hold more currency.
C) this increases our money supply either if it replaces old,worn currency,or if it is used to accommodate the public's desire to hold more currency.
D) this does not increase our money supply.

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