contestada

Assume that smith deposits $600 in currency into her checking account in the xyz bank. Later that same day, jones negotiates a loan for $1,200 at the same bank. In what direction and by what amount has the supply of money changed?.

Respuesta :

okpalawalter8

The direction and by the amount the supply of money changed is increased by $1,200. This is further explained below.

What is supply?

Generally, In economics, supply is referred to as the total quantity of a particular good or service that a supplier makes available to customers at a particular time and price.

In conclusion, The direction that the supply of money shifted and the amount it changed by is raised by 1,200 dollars.

Read more about supply

https://brainly.com/question/14246224

#SPJ1

Otras preguntas