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When BOZ makes a k10,000 discount loan to ZANACO, the bank is credited with k10,000 of reserves from the proceeds of the loan. Show the
When BOZ makes a k10,000 discount loan to ZANACO, the bank is credited with k10,000 of reserves from the proceeds of the loan.
Show the effects on the balance sheets of the banking system and the central bank using T-accounts.
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