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Business, 27.11.2019 05:31 alyo31500

2. using a required reserve ratio of 10% and assuming that banks keep no excess reserves, imagine that $400 currency is deposited into a checking account. assuming maximum deposit creation, by how more does the money supply increase if the fed lowers the required reserve ratio to 7%?

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2. using a required reserve ratio of 10% and assuming that banks keep no excess reserves, imagine th...
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