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Question 10: Canada, the UK, New Zealand, Australia and Sweden have no reserve requirements. a. This means that banks in these countries can create money

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Question 10: Canada, the UK, New Zealand, Australia and Sweden have no reserve requirements. a. This means that banks in these countries can create money without limit since the money multiplier is practically infinite. b. This means that banks in these countries are likely to hold zero reserves at the central bank. c. This means the ability of banks to create money through lending is constrained by capital requirements. d. All of the above answers None of the above answers. .0

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