Commercial banks will tend to vary their lending in a way


Commercial banks will tend to vary their lending in a way that:

(a) increases total loans to the maximum at all times.

(b) decreases total loans to the minimum at all times.

(c) changes with the season, not over the course of the business cycle.

(d) reinforces the business cycle.

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Business Economics: Commercial banks will tend to vary their lending in a way
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