Top Posters
Since Sunday
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
s
3
Home Q & A Board Other Fields Homework Help Business
New Topic  
valputin valputin
wrote...
Go to Answer
Posts: 5754
Rep: 3 0
8 years ago
In the simple deposit expansion model, if the banking system has excess reserves of $75, and the required reserve ratio is 20%, the potential expansion of checkable deposits is
A) $375.
B) $75.
C) $750.
D) $37.50.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 112 times
3 Replies
Our course uses > The Economics of Money, Banking and Financial Markets
Replies
Answer verified by a subject expert
MeelaMeela
wrote...
#1
Top Poster
Posts: 5283
Rep: 66 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

valputin Author
wrote...
#2
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
You're very welcome, valputin
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1125 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1057
  
 397
  
 2908
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 405
Previous poll results: Who's your favorite biologist?