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Other Fields Homework Help Economics Topic started by: Loraine on Jun 22, 2015



Title: When the First Bank of Townsville makes a loan, it
Post by: Loraine on Jun 22, 2015
When the First Bank of Townsville makes a loan, it
A) prints money.
B) borrows the money from the Fed.
C) creates a checkable deposit.
D) decreases the quantity of money.
E) increases its reserves.


Title: Re: When the First Bank of Townsville makes a loan, it
Post by: Smoooth on Jul 11, 2015
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Title: Re: When the First Bank of Townsville makes a loan, it
Post by: Smoooth on Aug 31, 2015
My pleasure :-]