Respuesta :
The money supply decreases when Citi Bank repays a loan they had previously taken from the Fed. The money supply within Citi Bank decreases because they no longer have the money as they have paid it back to the Fed. The Fed's supply of money then increases.
The money supply decreases when Citi Bank repays a loan they had previously taken from the Fed.
The money supply within Citi Bank decreases because they no longer have the money as they have paid it back to the Fed. The Fed's supply of money then increases.
What happened with Revlon and Citibank?
Citigroup accidentally sent the $900 million to Revlon lenders in August 2020, an amount that paid off the entirety of a term loan rather than fulfilling a much smaller interest payment as intended.
What does Citibank do?
We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities. We protect people's savings and help them make the purchases
To learn more about Citi Bank, refer
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