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Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279 Exercise 3
Europe's Banks Must Be Forced to Recapitalize
E.U. banks must hold more capital. Where private funding is not forthcoming, recapitalization must be imposed by E.U. governments.
Source: The Financial Times , November 24, 2011
What is the "capital" referred to in the news clip How might the requirement to hold more capital make banks safer
E.U. banks must hold more capital. Where private funding is not forthcoming, recapitalization must be imposed by E.U. governments.
Source: The Financial Times , November 24, 2011
What is the "capital" referred to in the news clip How might the requirement to hold more capital make banks safer
Explanation
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A commercial bank operates in order to e...
Macroeconomics 12th Edition by Michael Parkin
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