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C12. Suppose you bank with First National and your employer banks with Second National. Your salary check of $5000 is credited into your checking account
C12. Suppose you bank with First National and your employer banks with Second National. Your salary check of $5000 is credited into your checking account every month. Once the check is cleared, how has the total reserves in the banking system changed? How has the monetary base (M B) of the economy changed
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