I'm having a hard time, solving the deposits, would appreciate some help to make me understand how to find the total deposits. the question is down below and additional information is attached
e. After the entire banking system uses the lending capacity of the initial ($14 million) deposit, by how much will the following have changed?
(i) Total reserves: $ 14 million
(ii) Total deposits: $ _ million
(iii) Total loans: $ 56 million
(iv) The money supply: $ 56 million
Answers: 1
Business, 22.06.2019 11:20
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Answers: 3
Business, 22.06.2019 21:20
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Answers: 3
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