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Let's assume there are only two banks in our financial market -- Ocean First and Wells Fargo. You agree to give me a loan of

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Let's assume there are only two banks in our financial market -- Ocean First and Wells Fargo. You agree to give me a loan of $10,000 and withdrawal the amount from your checking accounting at Ocean First. I then deposit the loan proceeds into my checking account at Wells Fargo. As a result of your withdrawal and my deposit, total required reserves in the banking system need more information don't change increase decrease Question 5 (5 points) Which liabilities might you expect to see on the balance sheets of many banks? commercial paper, "safe" securities mortgages, auto loans loans, deposits deposits, borrowings

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