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A Goldsmith with 200 Gold Coins in His Safe Who

Question 169

Multiple Choice

A goldsmith with 200 gold coins in his safe who keeps writing more and more goldsmith's receipts is


A) raising his reserve ratio and raising the money supply.
B) raising his reserve ratio and lowering the money supply.
C) lowering his reserve ratio and raising the money supply.
D) lowering his reserve ratio and lowering the money supply.

Correct Answer:

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