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Business, 10.12.2019 01:31 gonzalesalexiaouv1bg

Imagine that odyssey national is a brand new bank, and that its required reserve ratio is 10 percent. ifit accepts a $1,000 cash deposit, then, excluding the $1,000 initial deposit, the banking system can increase the money supply by: a.$900.b.$910.c.$1,000.d.$9,000.e.$ 10,000.

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