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22. One of the liabilities of commercial banks is Federal Funds. What are Federal Funds? 23. Currently, interest rates have been rising in the money
22. One of the liabilities of commercial banks is Federal Funds. What are Federal Funds? 23. Currently, interest rates have been rising in the money market. According to the asset demand for money, would this encourage people to hold more money in their pocket or less? Or would the level of interest rates not affect the amount of money people hold in their pockets
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