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Business, 26.02.2020 05:25 live4dramaoy0yf9

A commercial bank has checkable-deposit liabilities of $500,000, reserves of $150,000, and a required reserve ratio of 20 percent. The amount by which a single commercial bank and the amount by which the banking system can increase loans are respectively:.
a. $30,000 and $150,000.
b. $50,000 and $250,000.
c. $50,000 and $500,000.
d. $100,000 and $500,000.

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