The chapter talks about the role that depositors and banks play in the creation of money. a.

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The chapter talks about the role that depositors and banks play in the "creation" of money.

a. Do you think this role is consistent with the view that the money supply is only determined exogenously by the central bank?

b. How could depositors and banks endogenously determine the money supply? (Post-Keynesian)

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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Question Posted: Dec 05, 2018 06:31 AM

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The chapter talks about the role that depositors and banks play in the creation of money. a.

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a PostKeynesians believe that the money supply is much more endogenou...View the full answer

Macroeconomics

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