$100 with his National? Bank Credit Card. What effect does this transaction have on the money supply?
A. There is no change in the money supply.
B. It eventually increases by $100 times the simple money multiplier.
C. It decreases by $100.
D. It increases by $100
Thanks for your help!
A. There is no change in the money supply.
B. It eventually increases by $100 times the simple money multiplier.
C. It decreases by $100.
D. It increases by $100
Thanks for your help!