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Business, 13.09.2019 03:30 jakhunter354

Explain why a single commercial bank can safely lend only an amount equal to its excess reserves but the commercial banking system can lend by a multiple of its excess reserves. what is the monetary multiplier, and how does it relate to the reserve ratio? give details and answer the questions fully.

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Explain why a single commercial bank can safely lend only an amount equal to its excess reserves but...
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