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Business, 17.12.2019 02:31 linda3025

Abanking system has a reserve ratio equal to 15%. for every $100 deposited into the banking system, the bank is required to keep 2 at least $ on reserve and can therefore lend no more than $ instructions: enter a whole number in each box above. b. for this banking system, the money multiplier is equal to. meaning that $100 of cash deposited into the banking system 4 points can be turned into sof deposits through the money creation process. instructions: enter a number rounded to two decimal places in each box above.

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