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O left: both real output and interest rates 6. Bank X receives a deposit of 20 000 euros and with the new liquidity extends a

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O left: both real output and interest rates 6. Bank X receives a deposit of 20 000 euros and with the new liquidity extends a loan for 18 000 euros. If the required reserves ratio is set at 8%, find the change in its excess reserves. (4 points) Enter your answer 7. Discount policy can affect the money supply by changing the volume of and the (4 Points)

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