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+ v 1. Your best friend, who happens to be a bank manager in Colorado Springs, tells you that she does not increase the money

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+ v 1. Your best friend, who happens to be a bank manager in Colorado Springs, tells you that she does not increase the money supply by creating new money; her bank simply just lends what is deposited. Do you agree with your best friend? If you disagree, explain why she is wrong and how she creates money. Nominal Nominal Wage Rate Interest Rate Year CPI $ (%) 2010 100 15 2011 95 15 2012 103 17 2. The table above has information about the Consumer Price Index (CPI), nominal wage rate, and inal interest rate for Colorado Springs for the 9010 to 2015 The reference base is 2010

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