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Use the following to answer questions:
First National Bank has $80 million in chequable deposits,$15 million in deposits with the Bank of Canada,$5 million cash in the bank vault,and $5 million in government bonds.
-If the Bank of Canada conducts a $10 million open-market sale and the reserve requirement is 20%,the monetary base will:


Definitions:

Territorial

Pertaining to the ownership or use of specific areas of land or space, often relating to animals or countries defending specific regions from intruders.

Psychosexual Development

Freud's theory of the stages of sexual development from infancy to adulthood, each characterized by erogenous zones and conflicts.

Psychoanalytic Theory

A theory of personality and psychopathology, initiated by Sigmund Freud, that emphasizes unconscious processes and conflicts in human behavior.

Clinical Method

A set of procedures used in therapy and psychology for diagnosing, assessing, and treating mental health disorders.

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