4. A single commercial bank in a multibank banking system can lend only an amount equal to...

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4. A single commercial bank in a multibank banking system can lend only an amount equal to its initial preloan

. LO15.3

a. Total reserves.

c. Total deposits.

b. Excess reserves.

d. Excess deposits.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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