If Joey deposits $500 in his checking account, and Betheny pays back a loan for $4,000 to the bank, how will these transactions affect the money supply?

Question options:

A. decrease by $3,500

B. decrease by $4,000

C. decrease by $4,500

D. increase by $4,500

E. increase by $4,000

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If Joey deposits $500 in his checking account, and Betheny pays back a loan for $4,000 to the bank, how will these transactions affect the money supply?Question options:A. decrease by $3,500B. decrease by $4,000C. decrease by $4,500D. increase by $4,500E. increase by $4,000

If Joey deposits $500 in his checking account, and Betheny pays back a loan for $4,000 to the bank, how will these transactions affect the money supply?

Question options:

A. decrease by $3,500

B. decrease by $4,000

C. decrease by $4,500

D. increase by $4,500

E. increase by $4,000