Business, 12.04.2021 23:10 naomicervero
Suppose we deposit $423 worth of currency into the bank. Banks make as many loans as possible, people hold no additional currency, and the reserve ratio is 17%. As a result of the loan process, what is the value of total deposits in the banking system
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Suppose we deposit $423 worth of currency into the bank. Banks make as many loans as possible, peopl...
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