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Depository institutions hold deposits with the central bank: a. to clear checks. O b. to satisfy legal reserve requirements. O c. All of the

Depository institutions hold deposits with the central bank: a. to clear checks. O b. to satisfy legal

Depository institutions hold deposits with the central bank: a. to clear checks. O b. to satisfy legal reserve requirements. O c. All of the options are correct. O d. to pay for purchases of government securities.

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