5. In the Diamond-Dybvig banking model, why does a consumer do better by depositing in a bank...

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5. In the Diamond-Dybvig banking model, why does a consumer do better by depositing in a bank rather than by investing on his or her own?

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Macroeconomics

ISBN: 9780135651568,9780135616710

6th Edition

Authors: Stephen D. Williamson

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