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Between the end of 2019 and the end of 2020, bank deposits increased by more than 20%. Which of the following best describes how and
Between the end of 2019 and the end of 2020, bank deposits increased by more than 20%. Which of the following best describes how and why banks changed their asset portfolios during the same period? Loans increased substantially since loan demand was weak. Cash increased substantially since loan demand was weak. Cash increased substantially since loan demand was strong. Loans increased substantially since loan demand was strong
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