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Business, 20.03.2020 09:43 hwang258

Suppose you have $8,000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for future use. If the required reserve ratio is 10%, then what will be the maximum impact on money supply today as a result of your action

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Suppose you have $8,000 in your checking account. You withdraw $500 cash from your account and hide...
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