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Title: Banks create money when they make loans. Post by: leticia1977 on Feb 27, 2018 Banks create money when they make loans.
a. True b. False Indicate whether the statement is true or false QUESTION 2 If the required reserve ratio is 4 percent, then 100 of reserves can support up to 2,500 of checkable deposits. a. True b. False Indicate whether the statement is true or false QUESTION 3 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 4 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 QUESTION 5 In a simplified system, a bank receiving a new deposit can extend new loans equal to the amount by which its excess reserves increase. a. True b. False Indicate whether the statement is true or false QUESTION 6 Reserves of banks appear on their balance sheet as liabilities. a. True b. False Indicate whether the statement is true or false Title: Banks create money when they make loans. Post by: gimblox on Feb 27, 2018 Content hidden
Title: Banks create money when they make loans. Post by: leticia1977 on Feb 27, 2018 Nice!
Title: Banks create money when they make loans. Post by: gimblox on Feb 27, 2018 :-]
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