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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 13
Circle the letter that corresponds to the best answer. Each of the following is a leakage from the deposit expansion multiplier except _____________.
A) cash
B) the foreign trade imbalance
C) excess reserves
D) all of the above
A) cash
B) the foreign trade imbalance
C) excess reserves
D) all of the above
Explanation
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Verified
In the money-making process of deposit e...
Macroeconomics 11th Edition by Stephen Slavin
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