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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
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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
Thanks for your help!!
alpheratz
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You make an excellent tutor!
oscar520000
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This calls for a celebration Person Raising Both Hands in Celebration
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