eingram1441 eingram1441

25-11-2017
Business

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1. Assume the reserve requirement is 10%. First National Bank receives a deposit of $5,400. If there is no slippage, how much could the money supply expand?

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maarriinnaaaa17 maarriinnaaaa17

26-11-2017

falls by $1,000,checking deposits fall by $10,000 and the monetary base remains uncharged.

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