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shaerovira shaerovira
wrote...
Posts: 488
4 years ago
Assume that banks become more conservative in their lending policies, and start holding some excess liquid assets. Compared to a situation in which banks are NOT holding excess reserves, the size of the bank multiplier will be

▸ zero.

▸ larger.

▸ the same.

▸ smaller.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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Answer verified by a subject expert
Cele_1015Cele_1015
wrote...
Posts: 388
4 years ago
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shaerovira Author
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4 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
You make an excellent tutor!
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2 hours ago
Helped a lot
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