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3. (Mishkin 13.17) How do hedge funds differ from mutual funds? 4. (Mishkin 17.) Classify each of these transactions as an asset, a liability, or

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3. (Mishkin 13.17) How do hedge funds differ from mutual funds? 4. (Mishkin 17.) Classify each of these transactions as an asset, a liability, or neither for each of the "players" in the money supply process-the federal reserve, banks, and depositors. a. b. c. d. e. You get a $10,000 loan from the bank to buy an automobile. You deposit $400 into your checking account at the local bank. The Fed provides an emergency loan to a bank for $1,000,000. A bank borrows $500,000 in overnight loans from another bank. You use your debit card to purchase a meal at a restaurant for $100

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