Business, 01.08.2020 20:01 jaylin50

Suppose that you take $50 in currency out of your pocket and deposit it in your checking account. If the required reserve ratio is 8%, what is the largest amount (in dollars) by which the money supply can increase as a result of your action?

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Suppose that you take $50 in currency out of your pocket and deposit it in your checking account. If...

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