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Problems with (or leakages from) the money creation process would include an increase in the reserve requirement. unwillingness of borrowers to obtain loans from banks to invest in factories or expansion of the firm. a decrease in the reserve requirement. an increase in the federal funds rate. a decrease in the federal funds rate.
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Business, 22.06.2019 11:40, antbanks3050
Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?
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Business, 22.06.2019 13:10, Mikey3414
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Business, 22.06.2019 14:00, bosskid361
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