If the required reserve ratio is 8 percent a new deposit of


If the required reserve ratio is 8 percent, a new deposit of $10,000 in currency to the banking system, assuming banks all remain "loaned up", will result in an increase in money supply of $__________________. Show how you have found your answer.

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Business Economics: If the required reserve ratio is 8 percent a new deposit of
Reference No:- TGS01290314

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