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Business, 24.12.2019 20:31 Geo777

Suppose the banking system has $100,000 in outstanding deposits and actual reserves of $35,000. if the required reserve ratio is 20 percent, the maximum amount the banking system can add to the money supply is: a. $15,000.b. $75,000.c. $175,000.d. $500,000.

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Suppose the banking system has $100,000 in outstanding deposits and actual reserves of $35,000. if t...

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