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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 Jordan Deposits $1,200 Cash into His Checking Account, His
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If Jordan Deposits $1,200 Cash into His Checking Account, His

Question 165

Question 165

True/False

If Jordan deposits $1,200 cash into his checking account, his bank's assets rise by $1,200 and its liabilities rise by $1,200.

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