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  3. Study Set
    Economics Theory and Practice
  4. Exam
    Exam 8: Money Creation, Monetary Theory, and Monetary Policy
  5. Question
    A Financial Depository Institution Can Make New Loans Up to an Amount
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A Financial Depository Institution Can Make New Loans Up to an Amount

Question 134

Question 134

Multiple Choice

A financial depository institution can make new loans up to an amount equal to its:


A) actual reserves.
B) excess reserves.
C) required reserves.
D) deposits.

Correct Answer:

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