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question 299

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Use the following to answer questions:
The reserve requirement is 10% and Jack withdraws $5000 travel money from his chequable deposit.Assume that banks do not hold any excess reserves and that the public holds no currency,only chequable bank deposits.
-(Scenario: Money Supply Changes) Refer to Scenario: Money Supply Changes.As a result of the withdrawal,excess reserves _____ by _____.


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Previously used term for what is now more commonly referred to as gender dysphoria, which is the psychological distress that results from an incongruence between one's gender identity and one's assigned sex.

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