Business, 22.04.2020 04:01 Willywill15
Suppose a bank does NOT hold any excess reserves (it loans all available reserves) and the reserve ratio is 20%. If Melanie deposits $1,000 of cash into her checking account and the bank lends $600 to Morgan, the bank can lend an additional * $5,000. $1,000. $200. $400. $600.
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Suppose a bank does NOT hold any excess reserves (it loans all available reserves) and the reserve r...
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