Why are banks able to maintain reserves that are only a fraction of the demand and saving
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Why are banks able to maintain reserves that are only a fraction of the demand and saving deposits of their customers? Is your money safe in a bank? Why or why not?
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While the customers of a bank are constantly making deposits and withdrawals these will tend to roug...View the full answer
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Related Book For
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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