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thanhha78 thanhha78
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6 years ago
Suppose Darrell has $4,000 in currency which he deposits in his bank. If the reserve ratio is 25%, this will lead to a maximum increase of ________ in M1 throughout all banks.
A) $0
B) $4,000
C) $6,000
D) $12,000
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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thanhha78 Author
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6 years ago
Helped a lot
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This helped my grade so much Perfect
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Thank you, thank you, thank you!
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