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High-powered money minus currency in circulation equals

valputin

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8 years ago

High-powered money minus currency in circulation equals

High-powered money minus currency in circulation equals
A) the nonborrowed base.
B) discount loans.
C) the borrowed base.
D) reserves.

Textbook

The Economics of Money, Banking and Financial Markets, Business School Edition

Edition: 4^th

Author: Mishkin

Read 116 times

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Our course uses > The Economics of Money, Banking and Financial Markets

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Meela

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valputin Author

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8 years ago

Correct

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Our course uses > The Economics of Money, Banking and Financial Markets

Meela

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#3

8 years ago

You're very welcome, valputin

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