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When commercial banks deposit money at one of the 12 regional Federal reserve banks: Group of answer choices Banks forfeit the opportunity to earn interest
When commercial banks deposit money at one of the 12 regional Federal reserve banks: Group of answer choices Banks forfeit the opportunity to earn interest The money supply in the U.S. economy increases Banks receive an interest rate known as IORB (interest on reserve balances) Banks understand any interest earned must be repaid to the Federal Reserve
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