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Business, 15.07.2020 05:01 carlosleblanc26

Suppose the reserve requirement ratio is 20 percent. Assuming no bank holds excess reserves and nobody withdraws cash, a $10,000 injection of new reserves by the Fed can create (in the entire mult-banking system), a maximum of:

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Suppose the reserve requirement ratio is 20 percent. Assuming no bank holds excess reserves and nobo...
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