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yufeige4 yufeige4
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5 years ago

Question 1.

If a bank is "loaned up," it has no ________ and thus can make no ________.



▸ required reserves; deposits

▸ assets; liabilities

▸ demand deposits; withdrawals

▸ excess reserves; more loans

Question 2.

Suppose the required reserve ratio is 10%. A $75 million cash deposit will allow commercial banks to create at most



▸ $750,000.

▸ $7.5 million.

▸ $75 million.

▸ $750 million.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Nikki_LYNNNikki_LYNN
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yufeige4 Author
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5 years ago
Thank you, thank you, thank you!
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