Uppose the entire banking system has $50 million in excess reserves and a required reserve ratio of 10 percent. the deposit-creation potential of the banking system is:

The deposit-creation potential of the banking system is $500 million.

Explanation: To solve: take the money that the banking system has in excess reserves $50 million and multiply it by the reserve ratio of 10%. $50,000,000 x 10 = $500,000,000

the economic difference between the three colonial regions. shipbuilding, whaling, fishing, and trapping where also main factors to the economy. the southern regional colonies economy was based on sugarcane, rice, cotton, tobacco, and indigo.

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