How does the amount of currency held by the public affect bank reserves? How is the Fed likely to react to a sudden short-run increase in currency holding?
How does the amount of currency held by the public affect bank reserves? How is the Fed likely to react to a sudden short-run increase in currency holding?
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Related Book For
Principles of Money Banking and Financial Markets
12th edition
Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell
ISBN: 978-0321339195