8. When a bank makes a loan, it sometimes requires borrowers to maintain a checking account at...

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8. When a bank makes a loan, it sometimes requires borrowers to maintain a checking account at the bank until the loan is paid off.

What is the purpose of this requirement? LOP8

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Macroeconomics And The Financial System

ISBN: 9781429253673

1st Edition

Authors: N. Gregory Mankiw, Laurence Ball

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