Business, 09.12.2019 22:31 twinkle713derp

Suppose that you take $150 in currency out of your pocket and deposit it in your checking account. assuming a required reserve ratio of 10%, what is the largest amount (in dollars) by which the money supply can increase as a result of your action?

$15

$135

$150

$1,500

Answers: 3

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Suppose that you take $150 in currency out of your pocket and deposit it in your checking account. a...