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Business, 02.03.2020 21:02 jerrysandoval22
The banking system has $5,000 in reserve, $45,000 in loans, and $50,000 in deposits. Currently the reserve requirement is 10%. If the Fed lowers reserve requirement to 5%, what is the maximum amount of loans the banking system could make?
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The banking system has $5,000 in reserve, $45,000 in loans, and $50,000 in deposits. Currently the r...
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