=+6. If the bank you own has no excess reserves and a sound customer comes in asking
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=+6. If the bank you own has no excess reserves and a sound customer comes in asking for a loan, should you automatically turn the customer down, explaining that you don’t have any excess reserves to lend out? Why or why not?
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Related Book For
The Economics Of Money Banking And Financial Markets
ISBN: 9781292094182
11th Global Edition
Authors: Frederic S. Mishkin
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