september 1 - Business Retained earnings Commercial bank=...

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Karina Santana September 1, 2011 HOW THE BANKIND SYSTEM WORKS too much money equal inflation too little money equal recession Consumers=saving Commercial banks=demand deposit Time deposit
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Unformatted text preview: Business Retained earnings Commercial bank= demand deposit Time deposit U.S. treasury bill= less than 1 year Notes= intermediary 1-5 years Bonds= 5-30 years...
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This note was uploaded on 10/12/2011 for the course BUSN 3320 taught by Professor Friedman during the Fall '11 term at CUNY Brooklyn.

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