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    Macroeconomics Principles Study Set 1
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    Exam 12: Money Creation and the Federal Reserve
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    If a Bank's Assets Are $600 Million and Its Liabilities
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If a Bank's Assets Are $600 Million and Its Liabilities

Question 26

Question 26

True/False

If a bank's assets are $600 million and its liabilities are $550 million, then its equity is $50 million.

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