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Business, 06.12.2019 22:31 zee786

Suppose that the public holds 50% of the money supply in currency and the reserve requirement is 20%. banks hold no excess reserves. a customer deposits $6,000 in her checkable deposit. as a result of the deposit, required reserves will increase by:

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Suppose that the public holds 50% of the money supply in currency and the reserve requirement is 20%...

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