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In the steady state, the capital stock does not change because investment equals:
Financial Crisis
A situation where the value of financial institutions or assets drops rapidly, leading to widespread economic disruption and potential government intervention.
Checkable Deposits
Bank account balances that can be withdrawn using checks, debit cards, or electronic transfers without restrictions.
Excess Reserves
These are bank reserves held in excess of what is required by the central bank, available for lending or investment, affecting the money supply and interest rates.
Checkable Deposit
Deposits in bank accounts that can be withdrawn or transferred through checks, debit cards, or electronic means readily without restrictions.
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