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6. The Fed recently bought $600 worth of bonds from Milly Bank. If deposit expansion is not interrupted, a total of ________ will exist in
6. The Fed recently bought $600 worth of bonds from Milly Bank. If deposit expansion is not interrupted, a total of ________ will exist in the economy after the process has finished. (Assume the standard reserve requirement of 10%.)
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Principles Of Microeconomics
Authors: N Gregory Mankiw
9th Edition
035713348X, 9780357133484
