Business project 2
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“Oh man, oh man!” Ican’t wait to go purchase this brand new vehicle! The price has certainly notbeen healthier. I just ought to go get hold of a loan!”
Mr. Banker, the economy is developing too rapidly! Inflationis getting out of hand! We are INCREASING the reserve requirement. You must holdon to more money in the bank and lend less!
If you Raise the reserve requirement, we can’t loan folks asmuch money! They won’t be able to go out and buy homes and automobiles! That’s going to slow the economy down andprices will plummet!
“That’s completely right. Whoever taught you that is SO clever!”
“He sure is!” “Bye
“Thanks for stopping into the bank!” “What can I do for you?”
“I want to submit an application for a loan for ten thousand dollars for a fresh vehicle”
“OH NO!” “I can’t buy a car!” FEDERAL RESERVE YOU’VE RUINED MY LIFE...POR-KAYYYYY
“I’m regretful, we can’t authorize your loan...possibly you can come back in the future”
Well, Bob, we haven’t sold a car in three weeks. We are going to have to reduce those costs down and try to get some extra people inhere!” Gosh, the economy is really CONTRACTING on us right now!