If you withdraw 1,00,000 from your in cash from your Demand Deposit Account at your bank, the immediate…

Question

If you withdraw 1,00,000 from your in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be

Accepted Answer

To leave it unchanged

Answer

To reduce it by 1,00,000

Answer

To increase it by 1,00,000

Answer

To increase it by more than 1,00,000

UPSC Prelims 2020 Question 9 of 100

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