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Author Question: A bank can lend out its excess reserves but not its required reserves. a. True b. False Indicate ... (Read 121 times)

newbem

  • Hero Member
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  • Posts: 579
on: Jun 30, 2018
A bank can lend out its excess reserves but not its required reserves.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The amount of checkable deposits in an economy cannot exceed the amount of currency that the government has issued.
 a. True
  b. False
  Indicate whether the statement is true or false


jojobee318

  • Sr. Member
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  • Posts: 298
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


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