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Business, 20.01.2020 20:31 lukeakalucas

Banks are able to create money only when

a. interest rates are above 2%.

b. the fed sells u. s. government bonds.

c. the reserve ratio is 100%.

d. only a fraction of deposits are held in reserve.

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Answers: 2

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Banks are able to create money only when

a. interest rates are above 2%.

b....
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