Question: the answer. When banks hold excess reserves because they don't see good lending opportunities: C) a) it negatively affects contractionary monetary policy. C) b) contractionary

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When banks hold excess reserves because they don't see good lending opportunities: C) a) it negatively affects contractionary monetary policy. C) b) contractionary monetary policy is unaffected. ) c) expansionary monetary policy is unaffected. c \\ Ne d) it negatively affects expansionary monetary policy

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