If the bank you own has no excess reserves and a sound customer comes in asking for
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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? What options are available for you to provide the funds your customer needs?
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Related Book For
Economics Of Money Banking And Financial Markets
ISBN: 9780132770248
10th Edition
Authors: Frederic S Mishkin
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