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Select one: a) when they take deposited currency out of circulation and deposit it into their bank vaults

Economics Apr 08, 2022

Select one:

a) when they take deposited currency out of circulation and deposit it into their bank vaults.

when they lend their excess reserves to their customers.

c. when a customer from one bank writes a cheque to a customer of another bank who deposits that cheque into his or her chequing account.

All of the above are true.

e. Answers (a) and (b) are correct.

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