Question: Suppose you found $10,000 while digging in your backyard and you deposited it in the bank. How would your new demand deposit account create a
Suppose you found $10,000 while digging in your backyard and you deposited it in the bank. How would your new demand deposit account create a situation of excess reserves at your bank?
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A new 10000 deposit adds that amount both to your demand depos... View full answer
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