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Business, 14.11.2021 14:00 timthaartist

If the required reserve (RR) rate is 10% and banks do not hold any excess reserves and there are no changes in currency holdings, a $10 million open market purchase of bonds from commercial banks by the Fed will result in what change in bank loans using the deposit expansion multiplier

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If the required reserve (RR) rate is 10% and banks do not hold any excess reserves and there are no...
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