=+that can be loaned out. However, since the public wants to hold 50% of the loan in

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=+that can be loaned out. However, since the public wants to hold 50% of the loan in currency, only $400 x 0.5 = $200 of the loan will be deposited in round 2 from the loan granted in

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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