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Unit 4: AP Macroeconomics Faculty Lecture with Johnston Professor of Economics Clark Ross
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In this special AP Daily video for Unit 4 of AP Macroeconomics, you'll hear Johnston Professor of Economics Clark Ross from Davidson College talk about money and deposit creation.
You'll learn about specific examples and discusses limitations to the process by which a change in bank reserves can lead to a multiplied increase in demand deposits and in the money supply.
You'll learn about specific examples and discusses limitations to the process by which a change in bank reserves can lead to a multiplied increase in demand deposits and in the money supply.