Why were banks reluctant to use their lending capacity in 2008? (See News, p. 323) What did

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Why were banks reluctant to use their lending capacity in 2008? (See News, p. 323) What did they do with their increased reserves?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: May 30, 2018 03:27 AM

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Why were banks reluctant to use their lending capacity in 2008? (See News, p. 323) What did

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Banks were worried that given the weakenin...View the full answer

The Macro Economy Today

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