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bedau bedau
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6 years ago
Money is created through the banking processes of taking deposits and making loans if
A) the banks require individual depositors to hold "reserves."
B) the banks require individual borrowers to hold "reserves."
C) paper deposit receipts are not acceptable means of payment.
D) paper deposit receipts are accepted as a means of payment.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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