Business, 06.05.2020 06:14 mhzperfect
On a certain date, the banking system had $40 billion in excess reserves. The legally required reserve ratio was 20 percent.
Potentially, if these funds were loaned and eventually the entire amount re-deposited with a bank, the banking system as a whole could increase the money supply by ,
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On a certain date, the banking system had $40 billion in excess reserves. The legally required reser...
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