1. 3. Describe how decisions by a bank to extend loans finally lead to an increase in...

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1. 3. Describe how decisions by a bank to extend loans finally lead to an increase in reserves in the banking sector and why the increase in reserves is usually lower than the increase in initial loans.

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Macroeconomics In Context: A European Perspective

ISBN: 125382

1st Edition

Authors: Sebastian Dullien, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras

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