Business
Business, 22.04.2020 00:26, ddaaaeeee3503

Assume the Standard Internet Company negotiates a loan for $5,000 from the Metro National Bank and receives a checkable deposit for that amount in exchange for its promissory note (IOU). As a result of this transaction, .
a. a claim has been "demonetized."b. the supply of money declines by the amount of the loan. c. the supply of money is increased by $5,000.d. the Metro Bank acquires reserves from other banks.

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Assume the Standard Internet Company negotiates a loan for $5,000 from the Metro National Bank and r...

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