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    Essential Foundations of Economics Study Set 1
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    Exam 18: Money and the Monetary System
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    Banks Can Make Loans as Long as They Have
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Banks Can Make Loans as Long as They Have

Question 359

Question 359

Multiple Choice

Banks can make loans as long as they have


A) deposits.
B) reserves.
C) required reserves.
D) excess reserves.
E) excess government securities.

Correct Answer:

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