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12.3 The role of banks  (Page 17/28)

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  • Card 17 / 28:
    asset–liability time mismatch

    a bank’s liabilities can be withdrawn in the short term while its assets are repaid in the long term

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Practice FlashCards 9 Key Terms 13

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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