janetdoss68 janetdoss68

25-11-2017
Business

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Assume the reserve requirement is 10%. First National Bank received a deposit of $5,400. If there no slippage, how much could the money supply expand?

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maarriinnaaaa17 maarriinnaaaa17

26-11-2017

Reserves fall by $1,000, checkable deposits fall by $10,000, and the monetary base remains uncharged.

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