=+ c. All money is held as demand deposits. Banks hold 20 percent of deposits as reserves.

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c. All money is held as demand deposits. Banks hold 20 percent of deposits as reserves.

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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Question Posted: Sep 28, 2024 09:01 AM

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=+ c. All money is held as demand deposits. Banks hold 20 percent of deposits as reserves.

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Macroeconomics

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