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money 1. The monetary base is also sometimes referred to as highpowered money. What is meant by the term high-powered money? -2. What are the

money
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1. The monetary base is also sometimes referred to as "highpowered money." What is meant by the term "high-powered money"? -2. What are the 3 types of reserves of a bank? -3. Banks are required by the Federal Reserve to keep reserves either on hand in their vaults or with the Federal Reserve Bank in the commercial banks district. What are Reserve Requirements based upon

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