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Question 7 1 pts You have the following condition in the Banking System (see exhibit 3.2 of chapter 3) Assets Liabilities Deposits Reserves $600 $60

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Question 7 1 pts You have the following condition in the Banking System (see exhibit 3.2 of chapter 3) Assets Liabilities Deposits Reserves $600 $60 Loans $540 Total $600 Total $600 How much the total liabilities (or assets) can potentially increase in the banking system if the Fed buys $20 in government securities in an open-market transaction

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