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Business, 01.12.2021 03:40 amandasantiago2001

Suppose that the public holds 50% of the money supply in currency, that the reserve requirement is 20%, and that banks hold no excess reserves. Of a customer deposits $6,000 in her checking account, required reserves will increase by:

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Suppose that the public holds 50% of the money supply in currency, that the reserve requirement is 2...
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