During 201 1, after the worst of the global financial crisis was over, the governor of the
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During 201 1, after the worst of the global financial crisis was over, the governor of the Bank of Canada expressed concern that the commercial banks were still "hoarding" cash rather than extending a more appropriate volume of loans. Why might the banks do this, and what is the implication for the money supply?
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Commercial banks may hoard cash instead of extending loans for several reasons Risk Aversion Banks m...View the full answer
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