Question
If the bank you own has no excess reserves and a sound customer comes in asking for a loan, should you automatically turn the customer
If the bank you own has no excess reserves and a sound customer comes in asking for a
loan, should you automatically turn the customer down, explaining that you don't have any
excess reserves to lend out? Why or why not? What options are available for you to provide
the funds your customer needs?
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
