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Business, 03.12.2019 03:31 sanociahnoel

Suppose that initially a bank has excess reserves of $800 and the reserve ratio is 30%. then andy deposits $1,000 of cash into his checking account and the bank lends $600 to molly. that bank can lend an additional:
a) $100.
b) $800.
c) $900.
d) $300

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Suppose that initially a bank has excess reserves of $800 and the reserve ratio is 30%. then andy de...
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