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    Exam 19: A Macroeconomic Theory of the Open Economy
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    A Shortage of Bank Capital in 2008 and 2009 Led
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A Shortage of Bank Capital in 2008 and 2009 Led

Question 49

Question 49

Multiple Choice

A shortage of bank capital in 2008 and 2009 led to:


A) decreased money demand.
B) decreased bank lending.
C) increased interest rates.
D) increased reserve requirements.

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