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Author Question: Banks and the Creation of MoneyYour bank has assets of $32 million and liabilities of $28 million. ... (Read 49 times)

kms5229

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Question 1

Banks and the Creation of Money

Your bank has assets of $38 million and net worth of $6 million. Your bank's liabilities are ________.
◦ $32 million
◦ $44 million
◦ $6 million
◦ $38 million

Question 2

Banks and the Creation of Money

Your bank has assets of $32 million and liabilities of $28 million. Your bank's net worth is ________.
◦ $28 million
◦ $60 million
◦ $32 million
◦ $4 million


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Marked as best answer by kms5229 on Nov 23, 2022

marufp

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kms5229

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Reply 2 on: Nov 23, 2022
Excellent


amandalm

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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