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Business, 26.12.2020 21:20 jasmincorrea45

A bank has excess reserves of $400,000 and makes a new loan for $50,000. If the bank faces a 25% required reserve ratio, by how much will the money supply increase when the loan is made

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A bank has excess reserves of $400,000 and makes a new loan for $50,000. If the bank faces a 25% req...
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