Social Studies, 13.11.2020 04:30 vkrizh
A bank receives a deposit for $60,000. If the bank has a 10 percent reserve requirement,
approximately how much money could this initial deposit eventually add to the economy?
A. $60,000
B. $30,000
C. $600,000
D. $6,000
Answers: 2
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A bank receives a deposit for $60,000. If the bank has a 10 percent reserve requirement,
approximat...
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