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Business, 26.11.2019 17:31 lizzyhearts

Suppose a banking system receives a new deposit of $1,000. if the reserve requirement is 20%, by how much can the total volume of deposits in that banking system ultimately rise as a result, assuming all excess reserves are loaned out and all loan proceeds are re-deposited?

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Suppose a banking system receives a new deposit of $1,000. if the reserve requirement is 20%, by how...

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