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If there are no excess reserves in the banking system and the Fed lowers the required reserve ratio, it follows that banks will now have , which they can use to extend loans and create new
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Shelly bought a house five years ago for $150,000 and obtained an 80% loan. now the home is worth $140,000 and her loan balance has been reduced by $12,000. what is shelly's current equity?
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What happens when the government finances a job creation project through taxes and borrowing?
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If there are no excess reserves in the banking system and the Fed lowers the required reserve ratio,...
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