
EBK MODERN PRINCIPLES OF MICROECONOMICS
3rd Edition
ISBN: 8220103647816
Author: COWEN
Publisher: YUZU
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Chapter 15, Problem 4TPS
Sub part (a):
To determine
Money base and M1 in the bank before the E walks into the bank.
Sub part (b):
To determine
Money base and M1 in the bank before the M walks into the bank.
Sub part (c):
To determine
Money base and M1 in the bank after making loan to 'M'.
Sub part (d):
To determine
Which action created money.
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EBK MODERN PRINCIPLES OF MICROECONOMICS
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