You take $500 that you held as currency and put it into the banking system. The...

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You take $500 that you held as currency and put it into the banking system. The...

You take $500 that you held as currency and put it into the banking system. The reserve ratio is equal to 20%.

Calculate the money multiplier.
By how much will increase the total amount of deposits in the banking system?
By how much will increase the money supply?

business economics

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reales Given Currony pul it into the banking system - $ 500 The reseve ratio vt - 20% 0 Calculate the money mulliper. The mon

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