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Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399 Exercise 15
Why do banks want to maintain as little excess reserves as possible? Under what circumstances might banks desire to hold excess reserves? ( Hint: see Figure 14.3.)
Explanation
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Excess reserves and banks :
Excess reser...
Essentials of Economics 8th Edition by Bradley Schiller
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