In each of the following, discuss the effects on the Fed's and the bank's assets and liabilities:
a. You borrow $30,000 from a bank to buy a car
b. You deposit $1000 in your checking account at local bank
c. A bank borrows $1 million on federal funds market.
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Home » Business » In each of the following, discuss the effects on the Fed's and the bank's assets and liabilities: a. You borrow $30,000 from a bank to buy a car b. You deposit $1000 in your checking account at local bank c.