[Answer] Suppose that every January the currency-to-checkable deposit ratio decreases in the United States. In other words for every dollar held in checking account deposits the public holds less in currency in January than at other times of the year. Everything else held constant how will each of the following change (i.e. increase decrease or remain unchanged) in January?

Answer: a) Currency in circulation- decreases b) Bank reserves- increases c) The monetary base- stays the same d) The money multiplier- increases e) The money supply- increase

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Suppose that every January the currency-to-checkable deposit ratio decreases in the United States. In other words for every dollar held in checking account deposits the public holds less in currency in January than at other times of the year. Everything else held constant how will each of the following change (i.e. increase decrease or remain unchanged) in January? Suppose that every January the currency-to-checkable deposit ratio decreases in the United States . In other words for every dollar held in checking account deposits the public holds less in currency in January than at other times of the year . Everything else held constant how will each of the following change ( i.e . increase decrease or ... Suppose that every summer the currency-to-checkable deposit ratio increases in the United States . In other words for every dollar held in checking account deposits the public holds more in currency in the summer than at other times of the year . Everything else held constant how will each of the following change ( i.e . increase decrease or ... Suppose that every January the currency-to-checkable deposit ratio decreases in the United States . In other words for every dollar held in checking account deposits the public holds less in currency in January than at other times of the year . Everything else held constant how will each of the following change ( i.e . increase decrease or ... Suppose that every summer the currency-to-checkable deposit ratio increases in the United States . In other words for every dollar held in checking account deposits the public holds more in currency in the summer than at other times of the year . Everything else held constant how will BANK RESERVES change in the summer? decrease ... Suppose you deposit $2 000 in currency into your checking account at a branch of Bank of America which we will assume has no...

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