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Banks keep on reserve a fraction of total demand deposits for which they are liable. True False Question 2 (2 points) Listen The potential money

image text in transcribed Banks keep on reserve a fraction of total demand deposits for which they are liable. True False Question 2 (2 points) Listen The potential money multiplier is equal to 1/required reserve ratio. True False Question 3 (2 points) Listen The Federal Reserve System was established in 1931. True False

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