=+percent. The bank begins with $20,000 in currency, $225,000 in loans, $105,000 in physical assets, $200,000 in

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=+percent. The bank begins with $20,000 in currency, $225,000 in loans, $105,000 in physical assets, $200,000 in demand deposits, and $150,000 in net worth.

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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