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Tidy Tidy
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Posts: 4852
9 years ago
Suppose that the required reserve ratio is 10 percent and you withdraw $25,000 from Comerica Bank. What is the deposit multiplier? What is the total decrease in deposits in the banking system? What is the change in the money supply?
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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SydnieSydnie
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Posts: 3807
9 years ago
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Tidy Author
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9 years ago
Just got PERFECT on my quiz
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thank you, thank you, thank you!
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