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Advanced Placement (AP)Advanced Placement (AP)
10 April, 13:14

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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Answers (1)
  1. 10 April, 13:40
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    i dont know
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Home » Advanced Placement (AP) » 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.
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