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    Macroeconomics Study Set 68
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    Exam 15: Money Creation
  5. Question
    The Banking System Can Lend by a Multiple of Its
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The Banking System Can Lend by a Multiple of Its

Question 242

Question 242

True/False

The banking system can lend by a multiple of its excess reserves because lending does not result in a loss of
reserves to the banking system as a whole.

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