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Author Question: Banks can make loans up to an amount equal to their A) total deposits. B) total reserves. C) ... (Read 48 times)

mmm

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on: Jun 29, 2018
Banks can make loans up to an amount equal to their
 
  A) total deposits.
  B) total reserves.
  C) required reserves.
  D) excess reserves.
  E) total government securities.

Question 2

The marginal social benefit from the production of the last unit of a good is 4,800. If the willingness to pay for that unit is 3,900, what is the external benefit from its production?
 
  A) 900
  B) 8,700
  C) 3,800
  D) 4,100


nekcihc358

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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