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A currency drain ____ the amount of bank reserves available to banks to make loans because _

Loraine

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8 years ago

A currency drain ________ the amount of bank reserves available to banks to make loans because _____

A currency drain ________ the amount of bank reserves available to banks to make loans because ________.
A) reduces; people are holding more money outside of the banks
B) increases; people are holding less money outside of the banks
C) reduces; people are holding less money outside of the banks
D) reduces the monetary base; people are holding more money outside of the banks
E) reduces; people are holding onto the money the banks could have borrowed from the Fed

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Sydnie

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Solved Banks can make loans as long as they have
Solved When a bank receives $100,000 in new deposits, the amount of loans the bank can make is limited byA)
Solved A currency drain is (Multiple Choice Question)
Solved The currency drain reduces the amount of
Solved Banks can make loans up to an amount equal to their
Solved Banks can make additional loans when required reserves are
Solved Banks can continue to make loans until their
Solved Each bank must limit its loans to the amount of its excess reserves because

Loraine Author

wrote...

8 years ago

Thanks

SlimyPencil

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Yesterday

Good timing, thanks!

tcat

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2 hours ago

Correct

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