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    Modern Principles Macroeconomics
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    Exam 15: The Federal Reserve System
  5. Question
    Do You Think Banks Set a Higher Reserve Ratio on Checking
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Do You Think Banks Set a Higher Reserve Ratio on Checking

Question 22

Question 22

Essay

Do you think banks set a higher reserve ratio on checking accounts or savings accounts? Explain.

Correct Answer:

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Banks typically set higher reserve ratio...

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