Question 15 of 70Indian Economy
If you withdraw ₹1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be
Ato reduce it by ₹1,00,000
Bto increase it by ₹1,00,000
Cto increase it by more than ₹1,00,000
Dto leave it unchanged
Correct Answer
The correct answer is hidden
Explanation
25 words hidden ... change the aggregate money supply. One component falls while another rises by the same amount. Therefore, the immediate ... 21 words hidden