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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 17
During a time of uncertainty, why might it be necessary for a bank to hold large cash reserves and to have a large percentage of its assets purchased by its own capital?
Explanation
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Uncertainty and large cash reserves:
Ca...
Macroeconomics 11th Edition by Michael Parkin
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