4. The left side of a banks balance sheet shows its assets, including reserves, securities, and loans.

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4. The left side of a bank’s balance sheet shows its assets, including reserves, securities, and loans. The right side shows the bank’s liabilities, including deposits and borrowings, and its net worth. LOP8

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Macroeconomics And The Financial System

ISBN: 9781429253673

1st Edition

Authors: N. Gregory Mankiw, Laurence Ball

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