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4. Would raising reserve requirements to 100% be an effective method to reduce monetary factors in the business cycle? 5. You find a $100 note

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4. Would raising reserve requirements to 100% be an effective method to reduce monetary factors in the business cycle? 5. You find a $100 note and deposit it in your bank account. Show how this will affect the monetary base. 6. In October 2008, the Federal Reserve began paying interest on the amount of excess reserves held by banks. How might this affect the multiplier process and the money supply

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