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NYC NYC
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8 years ago
Suppose the required reserve ratio is 20%. A $10 million deposit allows commercial banks to create at most:
A) $50 million.
B) $2 million.
C) $20 million.
D) $200 million.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Thanks for answering Slight Smile
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