Business, 01.12.2021 21:50 nerogravestones
Suppose a bank has excess reserves of $50 and that the reserve ratio is 20%. If Roderick deposits $5,000 in his checking account, and the bank lends $2,500 to Nia, the money supply:
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Suppose a bank has excess reserves of $50 and that the reserve ratio is 20%. If Roderick deposits $5...
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