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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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    When Money Is Deposited in a Bank, Why Is the Deposit
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When Money Is Deposited in a Bank, Why Is the Deposit

Question 73

Question 73

Essay

When money is deposited in a bank, why is the deposit both an asset and a liability?

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Money deposited in a bank is a liability...

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