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Business, 06.10.2019 06:30 julia158

Assume that the following data describe the condition of the banking system: required reserve ratio 20 percent (a) total deposits $100 billion (b) total reserves 30 billion (c) required reserves 20 billion (d) excess reserves 10 billion (e) money multiplier 5 (f) unused lending capacity $50 billion what would the following values be immediately after a change in the required reserve ratio from 0.20 to 0.10?

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