Consider this quote by Thomas Sowell:
September 3, 2020
(1/2 page min, no cut and paste, site refs “no wiki”) According to Diamond, define and explain “the Great Leap Forward” as it relates to human…
September 3, 2020

You are given the following information about the economy of Nocoin: The banks havedeposits of $300 billion. Their reserves are $15 billion, two thirds of which is in deposits withthe central bank. Households and firms hold $30 billion in bank notes. There are no coins!

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