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Which of the following assumptions must hold to ensure that the money creation process initiated by Amy's deposit reaches its potential? Check all that apply.
Which of the following assumptions must hold to ensure that the money creation process initiated by Amy's deposit reaches its potential? Check all that apply. Some borrowers wait a few months before they begin to spend the borrowed funds. All borrowers quickly spend all of their newly acquired funds. At least one bank in the banking system is conservative enough to keep some of its newly acquired cash deposits in its vault. All banks in the banking system lend all of their excess reserves
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