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Felipe deposits [$100] in the bank. The bank stores [$20] of his deposit in a vault and will loan out other [$80]. The [$20] stored
Felipe deposits \[\$100\] in the bank. The bank stores \[\$20\] of his deposit in a vault and will loan out other \[\$80\]. The \[\$20\] stored in the bank vault is part of which of the following? Choose 1 answer: Choose 1 answer: (Choice A) Near money A Near money (Choice B) The monetary base B The monetary base (Choice C) M1 C M1 (Choice D) M3 D M3 (Choice E) M2 E M2
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International Management Culture, Strategy and Behavior
Authors: Fred Luthans, Jonathan Doh
10th edition
1259705072, 1259705076, 978-1259705076
