Some central banks do not pay interest on required reserves. Some bankers see this as a tax
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Some central banks do not pay interest on required reserves. Some bankers see this as a tax on their business. Can you explain why?
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To understand why some bankers view not paying interest on required reserves as a tax on their business we need to delve into the concept of required ...View the full answer
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Mehwish Aziz
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Related Book For 
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
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