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2. Suppose that the economy consists of three main sectors: the central bank, commercial banks, and consumers (households and companies). Draw a stylized balance sheet
2. Suppose that the economy consists of three main sectors: the central bank, commercial banks, and consumers (households and companies). Draw a stylized balance sheet for each of these three different types of money issuers/holders to visualize the IOU relations in Question 1. 2. Suppose that the economy consists of three main sectors: the central bank, commercial banks, and consumers (households and companies). Draw a stylized balance sheet for each of these three different types of money issuers/holders to visualize the IOU relations in Question 1
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