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Title: Suppose Darrell has $4,000 in currency which he deposits in his bank. If the reserve ratio is 25%, ...
Post by: thanhha78 on Aug 30, 2017
Suppose Darrell has $4,000 in currency which he deposits in his bank. If the reserve ratio is 25%, this will lead to a maximum increase of ________ in M1 throughout all banks.
A) $0
B) $4,000
C) $6,000
D) $12,000


Title: Re: Suppose Darrell has $4,000 in currency which he deposits in his bank. If the reserve ratio is ...
Post by: trumpetsoflife on Aug 30, 2017
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