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Ashford University-ECO 320_Chapter 16: Numerical Exercises 11 and 12
Category: Economics
Subject: General Economics
Due Date: 12/12/2016
Question Asked: 2016-11-12 23:02:36
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ECO 320_Chapter 16: Numerical Exercises 11 and 12-Ashford University
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Ashford University-ECO 320_Chapter 16: Numerical Exercises 11 and 12
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Posted on 2016-11-12 23:02:36
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...es of $20.9 − $16.4 = $4.5. d. When the customer spends the proceeds of the loan ($5.0), then reserves decline by $5.0 to $15.9, and transactions deposits decline by $5.0 to $180.0. Because these amounts are the same as they were in part a, excess reserves are again $0. 12. (All dollar amounts in billions for the economy as a whole and millions for the Pri...
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