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Mathematics, 03.09.2019 18:30 irenecupcake4348

If the federal reserve decreases the reserve rate from 4% to 2%, how does
this affect the amount of money that would result because of fractional-
reserve banking from an initial deposit into a bank of $55,000?

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Answers: 3

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If the federal reserve decreases the reserve rate from 4% to 2%, how does
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