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Mandolina Mandolina
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7 years ago
If the Tightwad bank has total assets of $250 million, total reserves of $100 million, and required reserves of $30 million, it can expand loans by not more than $30 million.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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Mandolina Author
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7 years ago
YOU SAVED MY LIFE AND MY GRADE!

Thank you!
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