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2 question .Please don't add images of answer because I am unable to open it 2. Using T-accounts, show what happens to chequable deposits in

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2 question .Please don't add images of answer because I am unable to open it

image text in transcribed
2. Using T-accounts, show what happens to chequable deposits in the banking system when the Bank of Canada sells $2 million of bonds to the First National Bank. 3. Suppose that currency in circulation is $600 billion, the amount of chequable deposits is $900 billion

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