=+$100,000 in loans; $50,000 in physical assets; $50,000 in demand deposits; and $110,000 in net worth. Mr.

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=+$100,000 in loans; $50,000 in physical assets; $50,000 in demand deposits; and $110,000 in net worth. Mr. Aged withdraws $1,000 from the bank and dies on the way home without spending a penny. He is buried with the currency still in his pocket.

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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Question Posted: Oct 16, 2024 02:00 AM

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=+$100,000 in loans; $50,000 in physical assets; $50,000 in demand deposits; and $110,000 in net worth. Mr.

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Economics

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