KNK bank receives a deposit of GHS 1,000 and observes a cash ratio of 10%. Assuming there is no cash drain(cashless economy) and all rxcess reserves are pushed into loans. a. what is the maximum amount of money that can be pushed into loans. b. what is the total increase in money supply with the bank?
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KNK bank receives a deposit of GHS 1,000 and observes a cash ratio of 10%. Assuming there is no cash...
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