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    Essential Foundations of Economics Study Set 1
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    Exam 18: Money and the Monetary System
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    Banks Can Make Loans Up to an Amount Equal to Their
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Banks Can Make Loans Up to an Amount Equal to Their

Question 26

Question 26

Multiple Choice

Banks can make loans up to an amount equal to their


A) total deposits.
B) total reserves.
C) required reserves.
D) excess reserves.
E) total government securities.

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