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Home Q & A Board Other Fields Homework Help Business Economics
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shaerovira shaerovira
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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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Cele_1015Cele_1015
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4 years ago
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shaerovira Author
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4 years ago
Smart ... Thanks!
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Thanks
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