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lizsmith lizsmith
wrote...
Posts: 486
3 years ago
Assume the banking system is 'closed' (all deposits are made in the banking system). The liquidity ratio is 25%. If a new deposit of is made, total deposits can increase by

▸ £50 000.

▸ £10 000.

▸ £40 000.

▸ £25 000.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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1 Reply
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Answer verified by a subject expert
anuja709anuja709
wrote...
Posts: 375
3 years ago
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lizsmith Author
wrote...

3 years ago
Just got PERFECT on my quiz
wrote...

Yesterday
Smart ... Thanks!
wrote...

2 hours ago
Brilliant
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