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In today's fractional reserve banking system, A a typical bank's liabilities exceeds its assets B a typical bank's liabilities (its customers' deposits) would exceed its
In today's fractional reserve banking system, A a typical bank's liabilities exceeds its assets B a typical bank's liabilities (its customers' deposits) would exceed its reserves of currency and deposits with the Federal Reserve System C both A and B are true D neither A nor B is true
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Economics Principles and Policy
Authors: William Baumol, Alan Blinder
13th edition
1305280595, 1305280598, 9781305465626 , 978-1305280595
