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Other Fields Homework Help Economics Topic started by: Mandolina on May 25, 2017



Title: Assume that the reserve requirement is 25 percent. If a single bank has excess reserves of $500,000, ...
Post by: Mandolina on May 25, 2017
Assume that the reserve requirement is 25 percent. If a single bank has excess reserves of $500,000, that individual bank can expand loans by a maximum of
A) $125,000.
B) $500,000.
C) $2,000,000.
D) $375,000.
E) more than $2,000,000.


Title: Re: Assume that the reserve requirement is 25 percent. If a single bank has excess reserves of ...
Post by: hecosmetic on May 25, 2017
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Title: Re: Assume that the reserve requirement is 25 percent. If a single bank has excess reserves of $500,000, ...
Post by: Mandolina on Jun 25, 2017
Makes a ton of sense now :D