If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits: Options: A . &nbspWill decrease. B . &nbspWill increase. C . &nbspWill neither increase nor decrease. D . &nbspNone of the above.

If all the banks in an economy are nationalized and converted into a monopoly b

Question

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits:

Options:

A . Will decrease.

B . Will increase.

C . Will neither increase nor decrease.

D . None of the above.

Answer: Option C

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