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Question 1&2 he BASIC financial system has a required reserves ratio of 15 percent, xcess reserves are ( $ 5 ) million, cash held by
Question 1&2 he BASIC financial system has a required reserves ratio of 15 percent, xcess reserves are \( \$ 5 \) million, cash held by the public is \( \$ 1 \) million expected to stay at that level, and there ar 2 answers
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
