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English, 09.12.2020 20:00 mackenziepaige6525

Assume that the reserve-deposit ratio is 0.2 and the currency-deposit ratio is 0.5. If a bank receives a new deposit of $25,000, by how many dollars will the money supply (M) increase? (give a numerical answer only - don't include the $ sign)

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Assume that the reserve-deposit ratio is 0.2 and the currency-deposit ratio is 0.5. If a bank recei...
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