5 Calculate the new reserve ratio for each individual bank and the aggregate reserve ratio. Suppose now
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5 Calculate the new reserve ratio for each individual bank and the aggregate reserve ratio.
Suppose now that bank B also increases its lending by 10 and that its customers use this lending to Dp Cb pay 5 to clients of banks A and C, and that bank C increases its lending by 10 and that its customers use this lending to pay 5 to clients of banks A and B.
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Related Book For
The Economics Of Money Banking And Finance
ISBN: 9780273710394
4th Edition
Authors: Peter Howells, Keith Bain
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