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Business, 15.11.2019 00:31 agray339

Assume that the banks do not hold any excess reserves and the reserve ratio is 20%. if sarah deposits $5,000 in cash in her checking account, the money supply can potentially increase by:
1.) $25,000
2.) $5,000
3.) $1,000
4.) $20,000

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Answers: 1

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Assume that the banks do not hold any excess reserves and the reserve ratio is 20%. if sarah deposit...
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