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Pay As You Earn: Pay As You Earn works similarly to the new IBR plan.
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Bank Bs balance sheet has expanded by an increase in its reserve balance (asset) and its matching new deposit liability.
In determining whether the existing $2,000 minimum equity requirement was sufficient for the additional risks incurred with day trading, we obtained input from a number of brokerage firms, since these are the entities extending the credit.
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This card is like "you're on probation so behave" type of card.