Suppose again that the Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The
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The bank now has excess reserves of 5000 rather than 4000 because in this case the demand depos...View the full answer
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Related Book For 
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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