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Business, 31.05.2021 16:10 youngdelvin123

If a bank holds $450,000 in required reserves, and $1.8 million in total deposits, then the deposit expansion multiplier is:. a. 0.25
b. 2
c. 4
d. 5
e. 10

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Answers: 2

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If a bank holds $450,000 in required reserves, and $1.8 million in total deposits, then the deposit...
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