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Business, 12.03.2020 00:28 june1198

Suppose that the central bank has increased the money supply such that there is an additional $ 710963 in excess reserves. If the reserve ratio is 6.0 percent, what is the maximum increase in money supply? Round your answer to the nearest dollar.

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Suppose that the central bank has increased the money supply such that there is an additional $ 7109...
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