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Lecture 5 Multiple Deposit Creation and the Money Supply

Lecture 5 Multiple Deposit Creation and the Money Supply Chapter 15 pages 402-411 and Chapter 16 pages 412-420. Four Players in the M s Process. 1. Central Bank: the Fed 2. Banks 3. Depositors 4. Borrowers from Banks Federal Reserve System 1. Conducts monetary policy

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Securities 100 - PowerPoint PPT Presentation

Lecture 5 Multiple Deposit Creation and the Money Supply