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Author Question: At any point in time, a single bank can loan an amount equal to A) its excess reserves. B) its ... (Read 98 times)

Redwolflake15

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At any point in time, a single bank can loan an amount equal to
 
  A) its excess reserves.
  B) its required reserves.
  C) its government securities.
  D) the amount of loans the bank made in the past.
  E) its total reserves.

Question 2

Interest is ultimately
 
  A) any return on investment.
  B) the price of money.
  C) unearned income.
  D) the difference between the subjective value of a good now and a good later.



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kswal303

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Answer to Question 1

A

Answer to Question 2

D




Redwolflake15

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


DylanD1323

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Reply 3 on: Yesterday
Excellent

 

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