Holdings of excess reserves
Problem:
Question 1: If the country went into a recession, would you expect banks to increase or decrease their holdings of excess reserves? Explain. Please show all work.
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Hard water is water with high mineral/salt content. I'm told that a potted plant watered with a salt solution dries out sooner or later
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If the country went into a recession, would you expect banks to increase or decrease their holdings of excess reserves? Explain. Please show all work.
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