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Business, 13.12.2019 03:31 Arealbot

Suppose the level of checkable deposits in 2012 represents total reserves and there were 500 banks with equal shares of the checkable deposits. how much could one bank lend if the reserve ratio was 10%? how much could all banks lend?

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Suppose the level of checkable deposits in 2012 represents total reserves and there were 500 banks w...
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