A commercial bank creates money when it does all the following except ______. A. Decreases its excess

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A commercial bank creates money when it does all the following except ______.

A. Decreases its excess reserves

B. Makes loans

C. Creates deposits

D. Puts cash in its ATMs

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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